What are the differences between comprehensive coverage and collision coverage?
As long time Central Oregon Car Insurance agents we get asked this question a lot and here’s the answer:
Collision coverage will protect you in a car accident if your vehicle collides with another vehicle.
Comprehensive coverage is one of the most important parts of car insurance because, it not only protects you if your vehicle is damaged by the collision but it will also protect you if your vehicle is damaged by an act of nature, stolen or the belongings in your car or truck are stolen.
Central Oregon Car Insurance Deductibles
Most drivers often will ask us “how do car insurance deductibles work?” and this is another common car insurance question because, deductibles can many times seem confusing especially if you’ve never been in a car accident.
A Central Oregon Car Insurance Deductible is the amount of money you have to pay before your car insurance company will cover the cost of the damages that your vehicle sustained from the accident.
Understanding Car Insurance Limits
Last of all, but most important, most drivers who have Central Oregon Car Insurance in this area also want to know more about limits.
A limit is the total amount of money that your car insurance company will pay when you experience a loss in a car accident.
For example: Let’s say you get into a car accident and you are found liable.
The judge rules that you must compensate the victim $60,000 for their pain and suffering, well if you have bodily injury coverage your limit will most likely be $50,000.
This means your car insurance company will pay $50,000 and you will be responsible for paying the remaining $10,000 to the victim of the car accident.
To get your Central Oregon Car Insurance questions answered personally contact me, Tye Farnsworth, owner of the Farnsworth Agency by calling me at (541) 318-8835 or click here.