Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Collision insurance is auto coverage that reimburses the insured for damage sustained to ...
Collision insurance covers repair or replacement costs for your car after an accident, regardless of fault. It's typically required if you lease or finance your vehicle. Understanding your deductible ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
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One caveat is colliding with an animal, such as a deer. That type of damage is covered by comprehensive coverage. If you are not at fault for an accident, the other driver’s property damage liability ...
Collision insurance can help pay for repairs to your vehicle if it collides with an object, such as another vehicle or pole. If you have a loan or lease on your car, your lender likely requires ...