Collision Insurance

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Dictionary Says

Definition of 'Collision Insurance'

A type of auto insurance coverage. Collision Insurance will reimburse the insured for any damage sustained to their personal automobile that is due to the fault of the insured driver. This type of insurance is often added as an extension of a basic policy.
Investopedia Says

Investopedia explains 'Collision Insurance'

As the name implies, Collision Insurance repays the insured for damage from an actual collision. It does not cover damage due to theft or vandalism. It also does not cover damage that is paid from another driver's policy, if the other driver was at fault.

Search results for

'Collision Insurance'

  • 5 Car Insurance Add-Ons You Don't (Always) Need - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0211/5-Car-Insurance-Add-Ons-You-Dont-Always-Need.aspx
    ... If you have liability, comprehensive and collision insurance already, this
    can eliminate the need to pay more for rental insurance. ...

  • 15 Insurance Policies You Don't Need

    http://www.investopedia.com/articles/pf/07/cutpolicies.asp
    ... You Take The Bait?) 3. Automobile Collision Collision insurance is designed to cover
    the cost of repairs to your vehicle if you are involved in an accident. ...

  • The Importance Of Property Insurance

    http://www.investopedia.com/articles/insurance/09/property-insurance.asp
    ... the required liability coverage, we are given the opportunity to purchase the property
    insurance (ie comprehensive or collision insurance) rather easily, thus ...

  • What is moral hazard?

    http://www.investopedia.com/ask/answers/09/moral-hazard.asp
    ... Insurers fear that a "don't worry, it's insured" attitude leads to policyholders
    with collision insurance driving recklessly or fire insured homeowners smoking ...

  • Top Tips For Cheaper, Better Car Insurance

    http://www.investopedia.com/articles/pf/06/carinsurance.asp
    ... While most people know whether they have liability, collision and/or comprehensive
    coverage, few people pay much attention to their insurance coverage until ...

  • Beginner's Guide To Auto Insurance

    http://www.investopedia.com/articles/pf/08/beginner-guide-auto-insurance.asp
    ... Tutorial: Introduction To Insurance Whether an auto collision is your fault or
    somebody else's, your auto insurance coverage should help you. ...

  • For Top-Notch Insurance Coverage, Compare Quotes

    http://www.investopedia.com/articles/pf/09/compare-insurance-quotes-policies.asp
    ... For instance, if you are legally at fault in an automobile collision, your insurance
    provider is responsible for damages to your's and the other driver's cars ...

  • How To Reduce Auto Insurance Costs - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/How-To-Reduce-Auto-Insurance-Costs.aspx
    ... before your insurance policy takes over. By increasing your deductible to $500 from,
    say, $200, you could lower the cost of your collision and comprehensive ...

  • Intro To Insurance: Property And Casualty Insurance | Investopedia

    http://www.investopedia.com/university/insurance/insurance3.asp
    ... and damage cause by things "other than collision", such as flood, fire, wind, hail,
    etc. (For more insight, read Shopping For Car Insurance.); Common Types of ...

  • 10 Tips For Getting The Lowest Car Insurance - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0211/10-Tips-For-Getting-The-Lowest-Car-Insurance.aspx
    ... Lower Your Coverage The Insurance Information Institute (III) suggests dropping
    collision and/or comprehensive insurance on older cars to save money. ...

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