Sentences with phrase «collision insurance policy»

Depending upon the state you live in, uninsured motorist insurance may be required for all comprehensive collision insurance policies and is may already be included in your insurance premium.

Higher deductibles mean less of an annual payment for your own collision insurance policy.

Collision insurance policy provides coverage irrespective of the liability policy of the other driver involved in the accident.

Some have special online pricing that could include new car collision insurance policies that achieves this for you as a buyer; this can be a good option to investigate for consumers.

Section 941 of the Oklahoma Insurance Code says that a company can not assign driving record points, cancel, refuse to renew or increase the premium rate for any motor vehicle liability or collision insurance policy for the reason that the insured has been involved in a motor vehicle collision and was not at fault.

Violent weather, wayward animals, falling objects, and flying projectiles — each of these incidents can be every bit as damaging, yet they are not covered under a traditional collision insurance policy.

In an auto collision insurance policy, the vehicle owner has the option of paying a slightly higher premium and going for the replacement cost coverage option, or he can reduce his premium amount by selecting the actual cash value coverage option.

When insuring an older vehicle (that is not a great deal of money), purchasing a comprehensive collision insurance policy may require you to pay insurance payments that can quickly cost you more than the vehicle is actually worth.

This means, if your car is still very new, the premium you will need to pay for collision insurance policy will be higher than when the vehicle is almost fully depreciated.

Additionally, you'd file a claim under your collision insurance policy for repairs to your own car, and you'd file a separate claim under your medical payments or personal injury protection (PIP) insurance policy for your own medical bills.

You pick your deductible (the number of the damages you'll be able to pay out of pocket), as well as your collision insurance policy accounts for kicking in the remainder of the price to fix or replace your automobile.

It is important to note that a comprehensive or collision insurance policy has several stipulations before coverage occurs.

Buying a collision insurance policy, rules out the dependency on other driver's liability coverage.

Depending on your circumstances, gap insurance can be a smart addition to your collision insurance policy.

Unlike filing a claim for comprehensive coverage, filing a collision insurance policy claim may result in increases in your policy premium.

Gap insurance is an optional insurance coverage for newer cars that can be added to your collision insurance policy.

In many cases it is advisable to have both Comprehensive and Collision Insurance policies.

Collision insurance policies are designed to repair or replace your car, according to your policy limits and deductibles, in the event that you hit another vehicle, object or pothole.

Under a collision insurance policy you may seek damages from the insurance company under any of several different types of collision.

Comprehensive - For complete coverage, the way to go is a Comprehensive - Liability - Collision insurance policy.

A car owner or driver covered under the collision insurance policy allows him to claim insurance coverage if the insured car hits another person's automobile.