Nobody wants to think about the possibility of an accident. However, crashes don’t always involve other drivers. In that case, you may want to consider purchasing comprehensive insurance for your vehicle in Miami, FL. Need help? B & G Insurance has knowledgeable agents to help determine if this makes sense for your vehicle.
What Is Comprehensive Insurance?
Comprehensive insurance typically covers the cost of repairing or replacing your vehicle when you’re the only driver involved. It’s essential to understand the extent of coverage of your specific policy. However, here are common examples of covered perils:
- Theft-related damage
- Damage due to fire, hail, or flooding
- Damage from an animal
- Damage from fallen objects
- Damage due to vandalism
If you have gaps in your current policy, comprehensive insurance may help further protect you and your vehicle. For example, liability insurance doesn’t typically cover the cost of your vehicle in a single-car accident.
Is Comprehensive Coverage Worth It?
You may not have a choice in whether or not you have to purchase comprehensive coverage. Many leasing companies and lenders will require it in your rental or loan agreement. However, it might still make sense if you pay off your car or pay cash for one. For example, comprehensive insurance will cover losses in the event of theft or vandalism. This could save you a lot of money when repairing your vehicle.
Some accidents are unavoidable. A deer can jump in front of your car, leaving you no opportunity to miss it. At least with comprehensive coverage, you won’t have to worry about paying for the damages.
Contact B & G Insurance if you need more information about how to purchase comprehensive auto insurance coverage in Miami, FL. We are happy to discuss the pros and cons of adding comprehensive coverage to your policy.