What is the difference between comprehensive and collision coverage?

Comprehensive and collision coverage are two distinct types of auto insurance that protect vehicle owners in different situations. Comprehensive coverage is designed to cover damage to a vehicle that is not the result of a collision. This means that it applies in cases such as theft, vandalism, natural disasters, and hitting an animal. Essentially, it provides protection against a variety of non-collision-related incidents that may affect the vehicle's condition. On the other hand, collision coverage specifically addresses damage resulting from a vehicle collision. This can occur whether the policyholder is at fault or if the accident involves another driver. Collision coverage pays for repairs to the policyholder's vehicle or provides compensation in the event that the vehicle is deemed a total loss. It is important for vehicle owners to understand their own needs and potential risks when choosing these coverage types. Many individuals opt for both comprehensive and collision coverage to ensure holistic protection for their vehicles. For specific information on coverage options offered by Intact Financial, it may be beneficial to visit their current web page.