Everything You Need to Know About Collision Coverage

Collision coverage is one of the most crucial types of coverage vehicle owners need to drive. If you’re shopping for an auto insurance policy, you’ll want to understand the different types of coverage available. Let’s discuss everything you need to know about collision car insurance Fayetteville AR.

What Is Collision Coverage?

Collision insurance is a type of auto insurance policy that protects you if you have an accident or crash with another vehicle or object and your car needs repairs. These policies cover you regardless of who is at fault. Collision policies apply to a range of accident types, including:

  • Single vehicle accidents
  • An accident with an object, such as a pole or building
  • Accidents with other vehicles, including traffic crashes and parked vehicle crashes

It’s important to understand that collision coverage only reimburses you for damage to your car. It does not cover personal injury or damage to other vehicles or objects. You’ll need an additional policy to cover those expenses. Does Arkansas Require Renters to Buy Insurance? is the next item you should read for more information.

Do I Need Collision Insurance?

Even the most responsible drivers need collision insurance. While it isn’t required by law, it’s the best way to protect yourself from financial liability if you have an accident. The risk of paying out of pocket for damage can cost you thousands of dollars, making collision coverage the smart choice for all drivers. Additionally, if you are leasing or financing your vehicle, your auto lender may require you to purchase collision coverage.

What Is the Difference Between Comprehensive and Collision Insurance?

Many drivers confuse comprehensive car insurance Fayetteville AR with collision coverage. They are not the same. Collision insurance covers accidents involving objects or other cars. Comprehensive coverage reimburses you for damages that occur when you aren’t driving. For example, comprehensive coverage will cover the damages if a branch falls on your vehicle during a storm. It also protects damages to your car from theft, natural disasters, hitting animals, and civil disturbances.

What Types of Vehicles Are Covered by My Policy?

Collision insurance covers all types of vehicles based on your policy terms. You can typically buy collision coverage for cars, motorcycles, boats, and RVs.

What Are the Advantages of Collision Insurance?

Since collision insurance isn’t required by law, many drivers fail to protect themselves and their vehicles on the road thoroughly. If you’re wondering whether collision coverage is worth your investment, consider the following:

  • Collision policies make sense for new cars or vehicles worth a significant amount of money. It makes sense to cover yourself for the value of your vehicle. Otherwise, expensive repairs or replacements can become costly.
  • Collision policies offer drivers peace of mind. The last thing you want to deal with is crashing your vehicle and being forced to pay out of pocket for repairs or replacements.
  • Collision policies may not be valuable to vehicles in storage or those not being driven. You are better off investing in a comprehensive policy for these cases.

Contact Rocky Steele Insurance Group for Your Car Insurance Fayetteville AR

If you’re shopping for a collision policy or have additional questions, we’re here to help. Our team at Rocky Steele Insurance Group is dedicated to helping you find the proper protection for your peace of mind. Call us today to discuss your options.


Our Latest

Navigating auto insurance can be complex, especially with families with teenage drivers. From understanding coverage options to managing premiums, there’s much to …

Arkansas renters insurance is an excellent way to protect your valuables at affordable rates if loss or damage occurs. Additionally, many landlords …

Shopping for the right car insurance policy can be challenging, especially if you don’t understand the different policy types. Some car insurance …

Does Arkansas Require Renters to Buy Insurance? Renters insurance is a low-cost way to protect your belongings and secure your residence. You’ll …

Have you ever thought about the financial loss of theft or an apartment fire? Although most mortgage lenders require homeowners insurance, renters …

Comprehensive Coverage

Are you shopping for auto insurance Fayetteville AR? Understanding the various types of coverage is essential before you begin comparing policies. Since …

Scroll to Top
Skip to content