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Collision and comprehensive coverage are optional, but if you finance or lease your vehicle, you may be required to carry them. Depending on the carrier, other optional coverage types may include ...
Collision, on the other hand, is an optional type of insurance that helps pay for the damage to your car following a collision. It’s part of a full coverage insurance policy and may be required ...
Collision coverage is typically used when you are at fault in an accident, and your car is damaged. ... Yes, standard auto insurance includes theft and vandalism coverage as long as you carry a ...
Collision coverage is optional, however if you plan on financing a car or taking a car loan, the lender will usually insist you carry collision for the finance term or until the car is paid off. Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) is the term used by rental car companies for collision coverage.
When insuring a leased vehicle, your leasing company will typically require you to carry a minimum of $100,000 per person and $300,000 per accident in bodily injury coverage and $50,000 in ...
Liability coverage, for instance, typically has state-mandated minimum limits that you must carry to register your car and drive it legally. Other coverage types, like comprehensive and collision ...
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