LOS ANGELES, CA / ACCESSWIRE / September 12, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org ) has launched a new blog post that presents what events are covered by comprehensive car insurance and why is important for drivers to obtain this policy.
For more info and free quotes, please visit https://compare-autoinsurance.org/the-benefits-of-comprehensive-auto-policy.
Comprehensive insurance is a type of coverage that pays if the policyholder’s vehicle is stolen or damaged in events that are not related to a collision. Although this policy is optional, if the vehicle is still financed, the lender will probably insist for this coverage to be purchased.
Comprehensive insurance will reimburse the policyholder in the following situations:
- Stolen vehicle. Comprehensive insurance will reimburse a policyholder that got his car stolen. However, this policy will only pay the actual cash value of a vehicle at the moment it got stolen and not the price for a brand-new car.
- Damage caused