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Cheap Collision Coverage Car Insurance

Collision Protects Your Finances and Gets You Back On the Road

What is Collision Auto Insurance?

It protects you financially when your vehicle is damaged or totaled in an impact with another vehicle or object, or if you have a single car rollover, regardless of who is at fault. It offers a benefit above your legally-required liability coverage which does not provide financial help for your vehicle damages. You may be required to carry it as part of a “full coverage” car insurance package if you are leasing or financing your vehicle.

You can also purchase it separately if you own your vehicle and want increased protection, but most people buy it with comprehensive and liability as part of a full coverage policy. It does have a deductible.

Your local Acceptance insurance agent can help you decide what coverage you need and how to find it at an affordable cost.

How Much Does Collision Cost?

The average cost is $382 per year but is different for every driver and will depend on many unique factors. For example, a male in their early 20s who purchases a sports car will have a much higher premium than a male in their 30s buying a Honda or Toyota. It’s always best to check the insurance costs with a friendly Acceptance Insurance agent before purchasing a new or used vehicle.

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How Does Collision Coverage Work?

As the name describes, it pays for damages (or a total loss) for a covered event when your vehicle is involved in a collision. If your vehicle is involved in a covered event, your policy will pay for repairs or replacement once you’ve paid the deductible.

There are a fair number of events that are covered by your policy, including:

  • A collision with another vehicle, even if it is your fault.
  • Sliding on a slippery road surface and smashing into a fixed object.
  • Running into a massive pothole causing damage to your auto.
  • A single-vehicle rollover.

If your vehicle is declared a total loss, you will be compensated for the actual cash value (ACV). This amount is determined by many factors, including the age and condition, plus the mileage, of the car.

What is Not Covered by Collision?

Hitting an animal, such as a spooked deer, is not covered. That is part of a comprehensive policy, since it is considered not in your control. There are other events not covered under a collision policy, including:

  • Damage to your automobile that happens when you are not behind the wheel.
  • Damage to anybody else’s vehicle.
  • Medical costs for anybody, including you.

What is the Difference Between Collision and Comprehensive?

Collision coverage provides financial protection in case of damage caused to your vehicle due to a collision with another object, except when an animal runs in front of you. This coverage helps pay for the necessary repairs to your vehicle. On the other hand, comprehensive coverage offers protection in instances where an event out of your control leads to damage to your vehicle, such as theft, natural disasters, or animal strikes. Comprehensive coverage also replaces your vehicle if it is stolen.

In both types of car insurance coverage, it doesn’t matter if you are at fault or not for your insurance company to pay out.

Tow truck hauling smashed vehicle on car accident site, cheap car insurance.

Do I Need to Purchase Collision?

Deciding whether you need a particular type of coverage depends on your unique situation. If you own your vehicle outright, but it has a much higher value than the premium, it might be a good idea. Most drivers choose to carry collision as part of the full coverage package, meaning in combination with their required liability insurance and comprehensive. If your vehicle is older, it may not be worth it. A rule of thumb is if your car’s current market value is less than four times your premium, it may not be worth it to carry the coverage.

As always, the welcoming professionals at Acceptance Insurance can help you decide the best coverage for the best price.

When Does Collision Not Make Sense?

The average annual cost of collision is around $350. It will be more or less depending on the state where you live, as well as your own history. A good rule of thumb is if your car’s value is less than 4 times the amount of your premium, you should consider dropping the coverage and paying out of pocket. However, if you cannot comfortably come up with the repair amount, you may feel better knowing you are protected.

This is where you need a good insurance agent. We can help you decide what coverage you need, as well as give you options on cost.

Will a DUI Affect a Collision Claim?

Typically not, but you should check with your agent to make sure. Some insurers believe getting behind the wheel while intoxicated is an “intentional” act and insurance companies do not pay out for intentional acts. Anything that happens while you are driving drunk falls into a grey area and can be determined based on your insurer and the facts of the situation. If you are convicted of DUI, you’ll want to shop for affordable SR-22 insurance.

Get Affordable Collision Car Insurance Today

We understand you want the best and most affordable protection you can get when driving. Our local agents are knowledgeable about state requirements, as well as how to determine what works best for your unique situation. If you are looking for affordable, customized auto insurance solutions, reach out for a free car insurance quote online, give us a call at 877-405-7102 or stop by one of our convenient locations.