{"id":1236,"date":"2022-07-26T16:28:12","date_gmt":"2022-07-26T21:28:12","guid":{"rendered":"http:\/\/primero-insurance.three.zysites.com\/blog\/collision-insurance-helps-pay-for-damage-to-your-car-in-some-types-of-accidents-learn-the-specifics\/"},"modified":"2023-12-18T07:29:37","modified_gmt":"2023-12-18T13:29:37","slug":"collision-insurance-helps-pay-for-damage-to-your-car-in-some-types-of-accidents-learn-the-specifics","status":"publish","type":"post","link":"https:\/\/www.primeroinstx.com\/es\/sin-categorizar\/collision-insurance-helps-pay-for-damage-to-your-car-in-some-types-of-accidents-learn-the-specifics\/","title":{"rendered":"Collision insurance helps pay for damage to your car in some types of accidents. Learn the specifics"},"content":{"rendered":"<p><span style=\"background-color: #ffffff; font-family: Arial; font-size: 13px; color: #000000;\"><strong>&nbsp;<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"background-color: #ffffff; font-family: Arial; font-size: 13px; color: #000000;\"><strong><img decoding=\"async\" alt=\"\" src=\"\/img\/~www.primeroinstx.com\/download.png\" loading=\"lazy\" \/><\/strong><\/span><\/p>\n<p><span style=\"background-color: #ffffff; font-family: Arial; font-size: 13px; color: #000000;\"><strong>What is collision insurance?<\/strong><\/span><\/p>\n<p><span style=\"background-color: #ffffff; color: #676767;\"> Collision insurance can help pay for repairs to your vehicle if you hit an object, such as another car, a fence, or a snowbank. Unlike liability coverage, no matter who&rsquo;s at fault collision coverage can help pay for repairs to your vehicle. Adding collision insurance to your car insurance policy can be a great supplement to liability insurance, but there are other factors to consider to know if collision coverage makes sense for your situation. Let&#8217;s take a closer look as you&#8217;re considering collision among all the car insurance coverages available to you.<\/span><\/p>\n<p><span style=\"background-color: #ffffff; font-family: Arial; color: #000000;\"><strong><span style=\"font-size: 13px;\">What collision insurance covers<\/span><\/strong> <\/span><\/p>\n<p><span style=\"background-color: #ffffff; color: #676767;\">Collision insurance covers physical damage to your vehicle if it strikes something or something strikes it, regardless of who&rsquo;s at fault. This may include: <\/span><\/p>\n<ul>\n<li><span style=\"background-color: #ffffff; color: #676767;\">Damage to your car in an accident you cause<\/span><\/li>\n<li><span style=\"background-color: #ffffff; color: #676767;\"> Damage to your car if you hit an object, such as a fence or pole <\/span><\/li>\n<li><span style=\"background-color: #ffffff; color: #676767;\">Damage to your car if someone else hits you (the other driver&#8217;s liability insurance could also pay for this damage)<\/span><\/li>\n<\/ul>\n<p><span style=\"background-color: #ffffff; color: #000000;\"><strong><span style=\"font-family: Arial; font-size: 13px;\">What collision insurance doesn&rsquo;t cover<\/span><\/strong><\/span><\/p>\n<p><span style=\"background-color: #ffffff; color: #676767;\"> Collision insurance doesn&rsquo;t cover any damages to other vehicles, property, or people involved in an accident, and it may not cover accessories or special equipment that you&rsquo;ve added to your vehicle. It also doesn&rsquo;t cover damage to your vehicle that results from something other than hitting another car or object. Here are some examples: <\/span><\/p>\n<ul>\n<li><span style=\"background-color: #ffffff; color: #676767;\">Hail or other types of storm damage<\/span><\/li>\n<li><span style=\"background-color: #ffffff; color: #676767;\"> Hitting an animal, such as a deer <\/span><\/li>\n<li><span style=\"background-color: #ffffff; color: #676767;\">Damage to another vehicle Damage to private property, such as a mailbox<\/span><\/li>\n<li><span style=\"background-color: #ffffff; color: #676767;\"> Medical bills for anyone involved in the accident<\/span><\/li>\n<\/ul>\n<p><span style=\"background-color: #ffffff; font-family: Arial; color: #000000;\"><strong><span style=\"font-size: 13px;\">Do I need collision insurance?<\/span><\/strong> <\/span><\/p>\n<p><span style=\"background-color: #ffffff; color: #676767;\">Collision claims are one of the most commonly filed auto insurance claims, but collision accidents don&rsquo;t necessarily involve other drivers. Our data shows that more collision accidents involve a stationary object versus another moving vehicle. While you should carefully review every coverage option when determining your auto insurance policy, collision insurance is important coverage to consider adding. When determining whether you should purchase collision insurance, consider:<\/span><\/p>\n<ul>\n<li><span style=\"background-color: #ffffff; color: #676767;\"> Vehicle value: Collision insurance doesn&rsquo;t pay out more than the value of your vehicle, so factor in the worth of your car when determining if collision insurance is right for you. <\/span><\/li>\n<li><span style=\"background-color: #ffffff; color: #676767;\">Accident costs: According to the Insurance Information Institute, collision claims are one of the most expensive types of claims, averaging $3,750&mdash;second only to bodily injury claims. The average collision claim costs nearly triple the amount of the average annual car insurance premium in some states, according to Bankrate. <\/span><\/li>\n<li><span style=\"background-color: #ffffff; color: #676767;\">Location: Depending on where you live, road conditions can vary throughout the year and you may drive in weather conditions that increase your likelihood of a collision. In fact, our data shows that collision accidents occur 6 percent more often during the winter months, on average.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 13px;\"><span style=\"background-color: #ffffff; font-family: Arial; color: #000000;\"><strong>&nbsp;<\/strong><\/span><strong style=\"font-family: Arial;\">Is collision insurance required by law?<\/strong><\/span><\/p>\n<p><span style=\"background-color: #ffffff; color: #676767;\">No states legally mandate collision insurance, but if you have a loan on your vehicle, the lender may require you to carry it along with comprehensive insurance to fulfill an insurance requirement. Adding collision insurance can also provide peace of mind&mdash;versus having only the minimum legal requirements&mdash;by helping to minimize your out-of-pocket costs in case of an accident.<\/span><\/p>\n<p><span style=\"background-color: #ffffff; font-family: Arial; color: #000000;\"><strong><span style=\"font-size: 13px;\">How much collision insurance do I need?<\/span><\/strong><\/span><\/p>\n<p><span style=\"font-size: 12px; background-color: #ffffff; font-family: Tahoma, Arial, sans-serif; color: #676767;\"> Because collision insurance covers no more than the value of your vehicle at the time of the accident, the collision coverage limit is usually not adjustable. To calculate how much that would be: <\/span><\/p>\n<p><span style=\"font-size: 12px; background-color: #ffffff; font-family: Tahoma, Arial, sans-serif; color: #676767;\">Take the value of your vehicle and subtract your deductible&mdash;the amount of money you&#8217;ll pay out of pocket for an accident before your insurance provider will cover the remaining collision costs. This should give you a good estimate of how much benefit collision coverage would provide.<\/span><\/p>\n<div><span style=\"font-size: 12px; background-color: #ffffff; font-family: Tahoma, Arial, sans-serif; color: #676767;\">&nbsp;<\/span><strong style=\"font-family: Arial; font-size: 10pt;\"><span style=\"font-size: 13px;\">Collision insurance deductible<\/span><\/strong><\/div>\n<p><span style=\"font-size: 12px; background-color: #ffffff; font-family: Tahoma, Arial, sans-serif; color: #676767;\">Insurers typically have coverage options with different deductible amounts. If you choose a plan with a lower deductible, your premium&mdash;the amount you pay for your policy&mdash;will increase. The higher the deductible, the lower your premium. Additionally, collision insurance has a limit. Since it solely covers damages to your vehicle from an accident, the maximum value of its coverage will be the value of your vehicle, factoring in depreciation. If your vehicle is totaled in an accident, your collision coverage would cover the value of your vehicle minus your deductible.<\/span><\/p>\n<p><span style=\"font-size: 12px; background-color: #ffffff; font-family: Tahoma, Arial, sans-serif; color: #676767;\"> Let&#8217;s say your vehicle is valued at $3,500 and is totaled in an accident. If your deductible is $500, your insurer would pay $3,000 for your claim.<\/span><\/p>\n<p><span style=\"font-size: 12px; background-color: #ffffff; font-family: Tahoma, Arial, sans-serif; color: #676767;\">&nbsp;<\/span><strong style=\"font-family: Arial; font-size: 10pt;\"><span style=\"font-size: 13px;\">Rental car collision insurance<\/span><\/strong><\/p>\n<p><span style=\"font-size: 12px; background-color: #ffffff; font-family: Tahoma, Arial, sans-serif; color: #676767;\">If you need to rent a car, it&rsquo;s important to make sure that the rental is covered by insurance. If your personal car insurance policy includes collision insurance, it may also cover your rental car. However, it&rsquo;s important to get in touch with your insurance provider to make sure your rental car will be covered under your current policy. If not, you may need to purchase the rental company&rsquo;s insurance coverage.<\/span><\/p>\n<div><span style=\"font-size: 12px; background-color: #f2ffde; font-family: Tahoma, Arial, sans-serif; color: #676767;\"><br \/>\n<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; What is collision insurance? Collision insurance can help pay for repairs to your vehicle if you hit an object, [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":null,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_analytify_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-1236","post","type-post","status-publish","format-standard","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/posts\/1236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/comments?post=1236"}],"version-history":[{"count":0,"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/posts\/1236\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/media?parent=1236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/categories?post=1236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.primeroinstx.com\/es\/wp-json\/wp\/v2\/tags?post=1236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}