Helpful Terms and Tools
Collision Coverage –
There are a lot of extra services, such as rental coverage and roadside assistance, that might be add-ons to your insurance policy (at extra cost)? Make sure you are not paying for duplicate services (like AAA) and that anything you pay for you need (if you have access to a second car you may not need rental coverage, for example).
Comprehensive Coverage – The amount your insurance company will pay for hazards that are unrelated to a crash but that can damage your car (e.g. theft or vandalism, natural disaster, car fires). Often come with specific exclusions.
Deductible – The amount you pay out of your own pocket for covered expenses before the insurance company’s portion will be paid. Higher deductible = more out of pocket expenses