Posts Tagged ‘comprehensive vs. liability insurance’

How Does Comprehensive Insurance On Your Car Work? The Answer May Surprise You!

If you have ever wondered how does comprehensive insurance on your car work, this article will provide some answers. To start with, you need to understand that there are four components to comprehensive insurance: the limit, deductible, coverage and claims.

The insurance policy’s limit is the first thing you’ll want to investigate. There are two components to this. First, how much would it cost to repair or replace your car if there was an accident? You will want your coverage to cover this at a minimum. Secondly, there are the medical costs if someone else were to get hurt in an accident. Anything over the limit comes out of your pocket.

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Posted by on January 2nd, 2010 No Comments