Learn how collision insurance covers car damage from accidents, its costs, and when to use it. Protect your vehicle against collision-related financial loss effectively.

Car insurance is supposed to protect you from financial disaster. Yet for many drivers, it’s just a steady silent leak in ...

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 ...

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Collision insurance is coverage that protects you and only you. This type of auto insurance helps to pay for the repair or replacement of your car if it's damaged in an accident with another vehicle ...

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 ...

Many drivers who buy auto insurance opt for collision coverage in addition to other types of protection such as liability insurance. Collision coverage pays for the repair or replacement of the ...

Auto insurance coverage comes in many forms, and what you'll pay — both for your premium and if you need to file a claim — will rely heavily on the coverages you choose. Two of the primary types ...

The 100,000 mile rule refers to the general recommendation to drop collision and comprehensive coverage on cars once they've ...