Comprehensive Coverage

Comprehensive coverage pays for damages not caused by a collision with another car. Damages can be from vandalism, theft, fire, falling objects, hitting an animal, natural disasters, etc. Although comprehensive coverage is not required by law, most lenders will require you to purchase it to receive a car loan. Leased cars and rental cars may also require you to carry comprehensive coverage as part of your auto insurance policy.

Comprehensive coverage for older cars
Older cars that have low actual cash value can have the comprehensive and collision coverage eliminated. Insurers won't pay more than the Blue Book value of your car, regardless of what it costs to repair.

Deductibles on comprehensive coverage
You may choose to have a higher deductible for your comprehensive coverage. Most people consider deductibles of $500 to $1000, depending on what you can afford. This is the amount that you must pay out-of-pocket every time you have a claim. Higher deductibles help lower your auto insurance premiums.