What Are the Different Types of Collision Coverage?
Posted on Apr 26, 2016 9:00am PDT
Collision coverage is optional in most states, but like all insurance,
it’s better to have collision coverage and not need it than to need
it and not have it. Collision insurance covers expenses to repair or replace
your vehicle if it’s damaged in an accident. In other words, adding
collision coverage to your auto insurance policy will minimize your out-of-pocket
expenses (or even foot the entire bill) if you’re involved in an
accident and need
major auto body repair. But which type of collision coverage is right for you? That depends on
a number of different factors, but to help you choose here’s a look
at the different types of coverage you can pick from.
Limited Collision Coverage
With limited collision coverage, your insurance pays for repairs only if
you are half or less than half at fault for the accident (you are rear-ended,
side-swiped, et cetera). You are responsible for paying the deductible
on the coverage plan, and your insurance company will pay for repairs
over and above the deductible.
Standard Collision Coverage
The biggest difference between limited and standard collision coverage
is that standard collision coverage pays for repairs above and beyond
the deductible if you are more than 50 percent at fault for the accident.
With a limited collision coverage, your insurance pays nothing if you
are found at fault.
Broad Form Collision Coverage
The difference between standard and broad form collision coverage is that
with broad form collision coverage you do not have to pay the deductible
if you are 50 percent or less at fault for the accident. Similar to standard
collision coverage, broad form plans will also pay for repairs above and
beyond the deductible if you are at fault.
If you’re involved in an accident, trust the repairs to the experts
at Michael J’s Body Shop. We’ve built strong relationships
with the leading insurance companies over our 20+ years in the business,
and our administrative staff will help you
file an insurance claim after an accident. Call us at (408) 279-2070 to learn more about our auto
body and collision repair services.