cheapest car insurance, cheap car insurance quote, low cost car insurance

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 11, 2005 -- cheapest car insurance, cheap car insurance quote, low cost car insurance

================

Optional Automobile Insurance
Even though some types of automobile insurance aren't required by law, you may still want coverage to protect your vehicle. Comprehensive and collision insurance policies do just that.

This page:

� Describes collision and comprehensive auto insurance policies

� Explains insurance deductibles and how they work

� Lists other automobile insurance policy extras

==========

Collision Insurance
Collision insurance coverage pays for damage caused to your vehicle in an automobile accident, when you are "at fault". A standard collision automobile insurance policy will pay for any repairs up to the fair market value of your car.




Sidebar

It is important to remember that this value can be significantly lower than the cost of replacing your vehicle (or your loan balance.) If your car is financed or leased, you will need gap insurance to reimburse you for the difference between what you owe and what the car is worth.




Collision coverage usually also comes with an insurance deductible. It's the amount of money you pay toward repairs before your collision insurance kicks in. The higher the deductible you're willing to pay, the less the collision policy will cost.

Collision insurance coverage is not required by law in any state. However, if you're driving a car purchased from a dealership or financed through a lender, you may be required by the dealership or lender to carry collision insurance. (And just to be sure, you should get gap insurance.)

Source: http://www.autoinsuranceindepth.com