What is Collision Insurance Coverage? Is it required?

Collision insurance is insurance coverage that reimburses the insured driver for the damage sustained to the personal vehicle when the collision with another vehicle or object occurs due to the fault of the insured driver. Usually, collision insurance is added as an extension of the basic car insurance policy.

No matter how good of a driver you are, a simple distraction, poor driving conditions, or any other traffic may cause your car to collide with another car or a stationary object like a fence or tree. The cost of repair or replacement is often measured in hundreds if not thousands of dollars.

Let’s examine collision coverage in greater detail, shall we?

What does Collision insurance cover?

A collision can be best described as the instance when a vehicle collides with another vehicle, animal, pedestrian, or buildings, poles, a tree, etc. As we can see, all the situations we have described are frequent and they happen nationwide.

Looking at the sheer numbers, as many as 54 million people have sustained injuries from traffic collisions in 2013. The number of accidents that haven’t resulted in injuries is far higher.

The option to buy collision coverage that will be able to address these unfortunate but nevertheless common situations is something you should definitely take into consideration.

We have to point out one crucial thing, though:

As you can see above, the legal definition of collision is pretty broad. Events sometimes occur as a mistake of several parties. Sometimes, another car will hit yours when you are outside the vehicle. All these gray areas make the topic a bit muddled.

Therefore, we will provide you with a comprehensive breakdown of all practical scenarios in which you can claim insurance after a car accident. Also, we will point out to all situations that are not addressed by this specific type of insurance coverage.

Collision Insurance Covers:

  • A crash with the other mov