Collision Car Insurance Basics - What Events Are Covered By This Policy

LOS ANGELES, Jan. 5, 2019 /PRNewswire-PRWeb/ -- Compare-autoinsurance.org has released a new blog post that presents the main events covered by .

As the name suggests, the policy is intended to cover the damage caused by a collision. This collision may happen between 2 or more vehicles, a vehicle and a structure (fence, lamp post, street sign, trees) or when the car rolls over.

Each situation is explained in . Whenever an accident happens, both parties must announce their insurers. Drivers that have this coverage will be reimbursed, no matter who caused the accident. The insurance company will reimburse the driver and will wait for the results of the investigation. Depending on these results, the company will seek reimbursement from the other driver's insurer or will raise its client premiums. Find out on how much is expected the premiums to be increased. And there are other unpleasant consequences that may be applied.

Collision insurance also covers rollovers. Owners of SUVs should be aware that their vehicles are more likely to be involved in a rollover. More info on the blog post. Rollovers can be very expensive and often lead to the vehicle to be totaled. In this case, the insurance company will pay you the amount your car is worth prior to the accident. This value is mentioned as Actual Cash Value (ACV).

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SOURCE Compare-Autoinsurance.org