Comprehensive insurance is one of the most important types of auto insurance coverage you can have to protect your vehicle. It protects you from damage to your vehicle that is not caused by collisions, such as theft, vandalism, or natural disasters.
Is Comprehensive Insurance Coverage Required in Florida?
No, comprehensive insurance coverage is not required in Florida. However, if you have a loan or lease on your vehicle, your lender will likely require you to carry this type of coverage.
Comprehensive insurance is a good investment, even if it is not required by law. It can give you peace of mind knowing that your vehicle is protected from damage that is out of your control.
How Do I Get Comprehensive Insurance Coverage?
If you have a loan or lease on your vehicle, your lender will likely require you to carry comprehensive coverage. If you own your car, you have the option to add comprehensive coverage to your existing car insurance plan.
When it comes to insurance, there are many different options available. However, not all policies are created equal. If you’re interested in obtaining comprehensive insurance coverage, the best place to start is to speak with your insurance agent. They will be able to help you determine if this type of coverage is right for you and provide you with a quote.
What Does Comprehensive Insurance Cover?
Comprehensive insurance covers a wide range of risks, including:
- Break-ins that cause damage
- Cracks in your windshield caused by debris
- Natural disasters such as floods or hurricanes
- Damage from a fire or if your car catches on fire
- Damages caused by hitting an animal
- Damages caused by large hail or tree branches
- A rock hits your windshield and causes a large crack
- Civil disturbances such as riots that cause damage to your car
This is not an exhaustive list, but it covers some of the more common risks covered by comprehensive auto insurance.
Coverage Exclusions for Comprehensive Insurance
While comprehensive insurance covers a wide range of risks, some exclusions are:
- Routine maintenance or oil changes
- Damage to your car from a collision
- Damage to another person’s vehicle from a collision
- Your (or your passengers‘) medical expenses after an accident
These are just a few examples. It’s important to read your automobile insurance policy carefully to understand what is and is not covered.
When Should I Purchase Comprehensive Insurance?
If you’re looking for the most protection possible, you should purchase comprehensive insurance when you buy your car. This way, you’ll be protected from the start. If you already have a policy, you can add comprehensive coverage at any time.
How Much Does Comprehensive Insurance Cost?
The cost of comprehensive insurance varies depending on several factors, including the make and model of your car, your driving history, and where you live. In general, comprehensive insurance is fairly affordable.
When you purchase comprehensive coverage insurance, you will select a set deductible. Your deductible is the amount you pay out of pocket toward a covered claim. For example, if you choose a $500 deductible and a flood damages your car in a covered claim. If it costs $2,000 to repair your car, you pay your $500 deductible, and insurance would pay the remaining $1,500.
Comprehensive coverage has a maximum amount your policy will pay toward a covered claim. The limit on the coverage is typically the actual cash value of your vehicle.
For example, if a fallen tree branch significantly damages your car, your insurance company would reimburse you for your car’s depreciated value, minus your deductible. If you want to replace your vehicle with a newer make and model, you would use the reimbursement from your insurer along with some of your own money.
Remember that the comprehensive deductible and limit are separate from your policy’s collision deductible and limit.
Collision Car Insurance Coverage vs. Comprehensive Car Insurance Coverage
Collision insurance coverage policies are separate from comprehensive coverage policies. It covers damage to your vehicle caused by a collision with another object. This coverage works regardless of fault. It can also help you pay for repairs to your car whether the other driver is uninsured or underinsured.
If you want full coverage for your car, consider purchasing a collision coverage policy. Having comprehensive and collision insurance will provide you with more complete protection.
Hire a Lawyer to Represent You in a Florida Car Accident
At The Fran Haasch Law Group, we are committed to fighting for your fair recovery. We strive to help injured individuals and the loved ones of those wrongfully killed secure the full, fair recovery they are owed. We offer dedicated legal representation for car accident victims and bicycle, rideshare, semi-truck, and motorcycle accident victims.
If you feel you have been the victim of a car accident through no fault of your own. Our attorneys are prepared to help you navigate the legal process and work toward securing the maximum compensation you are owed. Call (727) 784-8191 or contact us online to get started on receiving maximum compensation for your personal injury case.