What Does Comprehensive Insurance Cover?

If you’re about to purchase your next new vehicle, there’s a chance you’re asking yourself, “What does comprehensive auto insurance cover?” As with most financing questions, the answer isn’t all that complex: comprehensive auto coverage protects against damage to your car that has not resulted from a collision! If a vehicle is stolen, lost, vandalized, or hit by a falling object, drivers who make a comprehensive claim can have their insurance company pick up the tab. In most cases, comprehensive auto insurance will cover a broken or cracked windshield, along with other forms of glass damage.

Understanding Comprehensive Car Insurance

How does comprehensive car insurance coverage compare to the other auto insurance coverages you will likely explore? Mercedes-Benz of Greenwich has a guide so you don’t have to go in uninformed:

• Comprehensive Car Insurance: There is a lot that can go wrong when you own a car, and a collision is not the only way your vehicle can get damaged. Comprehensive coverage will protect against problems not related to crashes and collisions, like vandalism and theft.
• GAP Insurance: Your vehicle starts to depreciate once you drive it off the lot, but the remaining balance on your loan will not fall at the same rate! Collisions within the first few months of ownership can leave you underwater, but you’ll be protected if you opt for GAP insurance.
• Liability Insurance: If you cause an accident near Stamford, you’re responsible for damages caused to others. Liability insurance pays to repair or replace the vehicles of other drivers if you’re at fault in a collision. It also covers the medical bills of those injured in the crash.
• Collision Insurance: Collision insurance protects your own vehicle against damages accrued during any single car or multi-car collision. If your vehicle is damaged or totaled, your vehicle’s collision insurance will cover the cost of replacing necessary parts or acquiring a new vehicle.

Keep in mind, insurance requirements will vary by state, and while some forms of insurance are recommended for all drivers, others may only be necessary in certain cases. Contact Mercedes-Benz of Greenwich near New Canaan for additional information. You can also check your local laws to get a better understanding of the coverage you’ll be required to purchase.

Get the Information You Need at the Mercedes-Benz of Greenwich Finance Center

“What is comprehensive coverage” is just one of the questions drivers will answer when getting a new vehicle. If you want to learn more or have additional questions, contact the finance department at Mercedes-Benz of Greenwich. While you’re at it, continue your research by comparing leasing vs. financing or finding out how to trade in a financed car.