In Massachusetts, the property crime rate, including car theft and burglary, tends to be lower than the national average. However, in Holyoke, a city with about 40,000 residents, property crime is significantly higher than in other parts of the state. Leslie Williams, who lived in Holyoke, knew that comprehensive auto insurance would provide the extra protection she needed. While her city’s crime rate was a concern, comprehensive coverage was also useful for other risks her vehicle faced.
What is Comprehensive Coverage?
Comprehensive auto insurance provides protection for damages to your car that are not caused by a collision. This type of coverage typically includes damage from theft, fire, vandalism, natural disasters, falling debris, and even accidents involving animals. Essentially, comprehensive coverage ensures that your vehicle is protected from a wide range of non-accident-related damages.
However, it’s important to note that not all policies are identical. You should always read the fine print and compare policies from different providers to understand the specifics of what is covered.
When Should You Consider Comprehensive Coverage?
Leslie decided to add comprehensive coverage to her policy because she frequently commuted in areas with higher-than-average car theft and vandalism rates. Additionally, she was driving a new, expensive car, making the cost of the coverage worth the peace of mind. The premium for comprehensive coverage is relatively low compared to the level of protection it provides.
Other situations where comprehensive coverage may be worth considering include:
- Frequently driving long distances.
- Parking in areas with high risks of vandalism or theft.
While comprehensive coverage is not legally required, it is typically necessary if you’re financing or leasing your car. Most insurance companies bundle comprehensive coverage with collision coverage, which covers damages from accidents involving other vehicles or stationary objects.
Glass and Windshield Repairs
Some insurance companies offer no-deductible glass repairs, while others may charge a deductible. To avoid unexpected expenses, check your policy or speak with your agent to understand what costs you might need to cover out of pocket.
Additional Protection: Uninsured Motorist Coverage
In addition to comprehensive coverage, Leslie also opted for uninsured/underinsured motorist coverage, especially with the rise in uninsured drivers on the road. As of now, about 13% of drivers nationwide are uninsured, and this number is expected to grow.
Uninsured motorist coverage protects you from accidents involving drivers who either lack insurance or don’t have enough coverage. This can cover medical expenses, vehicle damage, lost wages, and even funeral costs for you and your passengers.
Review Your Insurance Regularly
Your car insurance needs can change over time, so it’s a good idea to review your policy annually. Consider factors like the age and value of your car, local property crime rates, and your personal driving habits. Keeping your policy up to date ensures that you have the right level of coverage as circumstances evolve.
