Accident coverage is often referred to as collision coverage, and will blanket your vehicle with coverage.
Often, this coverage overlaps with full-coverage insurance, but it also fills in many of the gaps as well. If you've recently purchased a vehicle, own a classic car or simply want to have as much protection as you can, then accident coverage is your answer. Full-coverage protects your vehicle, but has cracks in coverage that can cost you dearly.
Other reasons vehicle owners purchase accident coverage are:
- Collision insurance will repair the vehicle in full even if you were the cause of the accident.
- The damages are paid for when another driver damages your vehicle.
- Collision insurance pays for repairs that your basic insurance policy does not cover.