What is collision coverage?

Collision coverage is a type of auto insurance that provides coverage for damage to your car that occurs as a result of a collision with another vehicle or object, regardless of who is at fault. Collision coverage is an optional coverage that is typically purchased in addition to liability coverage.

Collision coverage may also cover damage to your car if you hit a pothole, curb, or other obstacle in the road. However, it's important to note that collision coverage does not cover damage caused by natural disasters such as floods or earthquakes.

The amount of coverage provided by collision insurance depends on the policy you choose and can vary based on factors such as the value of your car and the deductible you select. The deductible is the amount you must pay out of pocket before your insurance coverage kicks in.

While collision coverage is not required by law, it may be required by your lender or leasing company if you are financing or leasing your car. Additionally, collision coverage may be a good option for drivers who want additional protection for their vehicle, especially if the car is relatively new or valuable.

Disclaimer: The questions and answers above are for educational purposes only. They are meant to provide the public with a general conceptual understanding of insurance and do not constitute advice or analysis. Some answers might be incomplete, outdated, and even not always accurate depending on the particular rules applicable to your state. Importantly, these questions and answers are generic and do not relate to any particular insurance product, including products available on the Waffle platform. If you have any questions about any of your own insurance products, always check the policy first and direct your questions to your insurance agent or the insurance company underwriting your policy.