How much will comprehensive insurance cover?
Asked by: Madalyn Breitenberg | Last update: September 5, 2025Score: 4.7/5 (73 votes)
What is fully comprehensive insurance cover?
In a nutshell, comprehensive car insurance cover – sometimes known as fully comprehensive cover, pays out if you damage your car, someone else's car or injure someone in an accident, regardless of who is at fault.
Does comprehensive coverage have a limit?
Does comprehensive coverage have a limit? Yes. Most policies pay up to the actual cash value of your vehicle for a covered claim. For most vehicles, the value continues to go down or depreciate the longer you own it.
What does comprehensive insurance cover me for?
Comprehensive insurance provides the same level of cover as Third Party Fire & Theft but will also cover you in the event of an accident or damage caused by vandalism. With comprehensive cover you will receive compensation for the damage to your own vehicle even if you're at fault for the accident.
What is the maximum comprehensive deductible?
Comprehensive deductibles can range from $100 to $2,000 in most states. The right comprehensive deductible amount for you depends on your preferences and needs for out-of-pocket costs and your overall insurance rate.
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Is it better to have a $500 deductible or $1000?
Remember that filing small claims may affect how much you have to pay for insurance later. Switching from a $500 deductible to a $1,000 deductible can save as much as 20 percent on the cost of your insurance premium payments.
Is a $3 000 deductible high?
The IRS defines high-deductible health plans for 2023 as: Individual plans with deductibles of at least $1,500. Family plans with deductibles of at least $3,000.
How much does comprehensive insurance pay out?
Comprehensive coverage is an optional coverage you can carry to help protect your vehicle. Unlike some coverages, you don't select a limit for comprehensive. The most it will pay is based on the actual cash value of your vehicle. You will be responsible for paying your selected deductible.
Can you drive a car with fully comprehensive insurance?
No, having comprehensive insurance does not automatically allow you to drive any car. You need to check your policy details, as some policies may include a “Driving Other Cars (DOC)” clause, but many do not.
Is comprehensive coverage worth it on a car?
If your vehicle's cash value is relatively low and you have a higher deductible, for example, it may not be worthwhile to carry comprehensive coverage. On the other hand, it may be worthwhile if your vehicle has a higher cash value, or you cannot afford the cost to repair or replace your vehicle out of pocket.
How much will a comprehensive claim raise my insurance?
By State. You can expect the most elevated car insurance rates post-accident in California, where the average increase is more than 74 percent. Increases are less than 25 percent in Rhode Island, in contrast.
What does comprehensive $1000 deductible mean?
You're responsible for the first $1,000 of damages and your insurance company is responsible for the other $1,000 of covered damages. Collision and comprehensive are the two most common coverages with a deductible.
What does comprehensive insurance not cover?
There are several things that comprehensive insurance does not cover, including: Damage from a collision. Damage to another driver's car from a collision. Medical expenses after an accident.
Why is comprehensive insurance so expensive?
The cost of your comprehensive insurance might increase if you file a claim, live in an area with high crime or bad weather, or if repair costs rise. Filing a claim for something comprehensive insurance covers—like vandalism or a cracked windshield—could result in higher prices.
Does comprehensive insurance cover paint damage?
Comprehensive Insurance
Comprehensive coverage covers a wide range of non-collision-related incidents that could lead to paint damage, such as vandalism, theft, and natural disasters (like hail damage). It's not legally required, but it's often essential for those who want to protect their investment fully.
Can my wife drive my car if she's not on my insurance?
A driver who lives in your household and isn't listed on your auto policy may be denied coverage if they borrow your vehicle and are involved in an accident. Family members who live in your household and drive your vehicle, including a teenager or your significant other, should be listed as drivers on your policy.
Do you have to have both comprehensive and collision insurance?
Some insurers require that you purchase collision and comprehensive insurance together, while other insurers may allow you to purchase these two types of coverage separately. Collision insurance pays for: Damage to your car in an accident you cause. Damage to your car if you hit an object such as a fence or pole.
Can my daughter drive my car on my insurance?
Most insurers allow permissive use, so your child can drive your car occasionally with permission, even if they aren't on your policy. If your child lives with you and drives your car regularly, they may need to be added to your policy to ensure coverage.
When should you drop comprehensive coverage on your car?
The ten rule is this: Once the value of your vehicle is less than ten times what its insurance premiums are, it's more economical to drop comprehensive and collision coverage than to pay for them.
Does comprehensive insurance cover a totaled car?
Here's an explanation of how we make money and our Advertiser Disclosure. Comprehensive coverage is auto insurance that helps protect the value of your car if it is damaged or totaled due to events that are considered out of your control, such as falling tree branches or a hail storm. It also covers theft.
How does comprehensive insurance claim work?
Comprehensive car insurance is a coverage that helps pay to replace or repair your vehicle if it's stolen or damaged in an incident that's not a collision. Comprehensive, sometimes called "other than collision" coverage, typically covers damage from fire, vandalism or falling objects (like a tree or hail).
How much is a hospital bill without insurance?
The average per-day hospital cost in the U.S. is $2,883, with California ($4,181) the most expensive, and Mississippi ($1,305) the least. The average hospital stay is 4.6 days, at an average cost of $13,262. If surgery is involved, hospital costs soar through the roof.
What deductible is too high?
In 2023, health insurance plans with deductibles over $1,500 for an individual and $3,000 for a family are considered high-deductible plans.
How much does a broken leg cost with insurance?
A simple leg fracture requiring a cast may cost up to $2,500 or more, while surgical interventions can escalate costs up to $8,000 or beyond. These figures largely depend on the complexity of the fracture and the specific bone involved—be it a broken arm or leg bone.