Like many legal documents, an auto insurance policy can be intimidating. At first glance, it may look like alphabet soup, filled with unfamiliar terms. But it helps to understand the C’s and D’s of auto insurance coverage.
So before you stuff your policy into a file folder unread, consider these questions: What if someone drives your car and is involved in an accident? What if you are in a rental vehicle and have an accident? How does the deductible apply to a loss? Reading your policy and knowing your coverage before a loss is too important a task to avoid.
This glossary can give you a better handle on your C’s and D’s—referred to in your policy as collision and comprehensive coverage, and deductibles. Understanding these terms can help you communicate with your insurance agent about your options so you can choose the best coverage for your needs. Moreover, it will give you peace of mind on the road.