We’ll go over all of your options, including collision insurance, to help you make an informed decision.
When you compare auto insurance policies, you might notice a few terms that get thrown around often. These include “collision” and “comprehensive.” Although you’re probably familiar with the meaning of the word “collision,” you may not know exactly what collision insurance covers compared to comprehensive insurance. As the name suggests, collision insurance helps to pay for damages caused in a collision with another vehicle or an object. But this type of insurance doesn’t cover non-collision situations, such as theft, natural disasters, or damages caused by animals.
If you finance a vehicle, the lender will likely require you to secure an insurance policy that includes collision coverage. If your vehicle is fully paid off, collision insurance may not be required, but is still worth adding to your policy. In the state of North Carolina, auto owners are required to maintain liability policies that cover bodily injury, property damage, and crashes with underinsured/uninsured motorists. Our agents at The Catawba River Insurance Group often recommend collision insurance on the policies we offer to clients located in Hickory, North Carolina and the surrounding area.
If you’re looking into auto insurance options on your vehicle, we invite you to schedule a consultation with one of our experienced and helpful agents. We’ll go over all of your options, including collision insurance, to help you make an informed decision. Our insurance policies are affordable and issued by leading carriers in the industry. We can also give you multiple quotes so you can compare options and decide which insurance policy is the right fit for you.