What does collision coverage pay for quizlet?
What does collision coverage pay for quizlet?
When your insured vehicle overturns or collides with another object, Collision coverage pays for the damage to your vehicle. Collision coverage also may extend to a non-owned vehicle or one rented for personal use that is in your custody or that you are operating.
What does collision coverage insure quizlet?
If there is a covered accident, collision coverage will pay for the repairs to your car. If your car is totaled (where the cost to repair it exceeds the value of the vehicle) in an accident, collision coverage will pay the value of your car.
Which of the following is covered under collision automobile insurance for a car quizlet?
Collision coverage provides only physical damage coverage for the insured’s vehicle. It protects against damage done to the covered auto by impact with another vehicle or an object. It also covers damage sustained if the car rolls over (is upset).
What is collision coverage example?
Your collision coverage limit is typically the actual cash value of your vehicle (its value minus depreciation). For example, say your car is totaled in a covered collision. Your insurer would cut you a check for the car’s depreciated value, minus your deductible.
What does medical coverage on an auto insurance policy cover quizlet?
What does medical payments coverage include? This covers medical bills and funeral expenses for you, your family and passengers whether you caused the accident or not. It also covers you if you’re injured in someone else’s car, or if you’re hit by a vehicle while riding a bike or walking down the street.
Which of the following is covered by auto other than collision coverage?
Comprehensive, sometimes called “other than collision” coverage, typically covers damage from fire, vandalism or falling objects (like a tree or hail). If you’re financing or leasing your car, your lender likely requires comprehensive coverage.
What does collision coverage insure apex?
Collision insurance covers repairs to your own car when you hit another vehicle, an object like a tree or fence, or a road hazard like a guardrail. Neither comprehensive nor collision insurance covers damage to someone else’s vehicle.
What is collision damage protection?
Collision damage insurance, or collision damage coverage, is a form of auto insurance that protects the renter from the financial responsibility of damage to the vehicle. A collision damage waiver is the most common type of coverage while renting a vehicle, though there are alternatives.
What does medical coverage on an auto insurance policy cover answers?
It typically covers doctor visits, hospital stays, surgery, X-rays and other medical bills. Medical payments coverage can also help cover medical expenses if you or a family member are injured in another car or as a pedestrian.
What is collision and comprehensive?
Collision coverage pays for your vehicle’s damage if you hit an object or another car. Comprehensive insurance pays for non-crash damage, such as weather and fire damage. It also reimburses you for car theft and damage from collisions with animals.
What is broad collision coverage?
Broad Collision – or broad form collision, broadened collision is the level of coverage that waives paying any deductible unless you are AT-fault in a collision. That means if someone hits you, you don’t pay! Regular Collision – or basic, standard collision.