The definition could include basically (2) trains of thought. Often the term comprehensive merely applies to thorough physical damage in the event of loss to the vehicle itself. That’s when auto insurance comprehensive coverage comes into play.
The other thought relates to overall benefits that include bodily injury, uninsured motorists, medical payments, under insured motorists, comprehensive and collision features. That essentially provides broad and pretty thorough coverage.
A broad range of coverage’s naturally determine the final premium to be paid. You can adjust by picking and choosing, then requiting and eventually come up with a tailored policy the suits you and hopefully your pocket book.
Laws require we at minimum carry liability insured and lenders that finance our vehicles insist on comprehensive and collision during the time they are financing your auto – that’s of course to protect their investment. Once the loan has been paid off you no longer are required to provide that coverage. Of all the elements available that portion of the coverage generally by far is the most expensive.
The costs of insurance are impacted by age, past driving experience, type of use, and what the vehicle is and its costs. It’s worth checking out some quotes online before you even purchase a vehicle because in some cases you could be in for a huge shock and may want to re-think your choices.