Which coverage typically pays for damage to your own vehicle resulting from a collision?

Which coverage typically pays for damage to your own vehicle resulting from a collision?

• A. Collision
• B. Bodily injury
• C. Medical payments
• D. Property damage

Answer: (A)

Collision coverage pays for damage to your own car when it’s involved in a collision with another vehicle or object. It applies regardless of who’s at fault, minus your deductible and up to your policy limits. This is distinct from bodily injury and medical payments, which cover people and their medical costs, and from property damage liability, which covers damage you cause to someone else’s property. If the damage comes from non-collision events like theft, fire, or a natural disaster, comprehensive coverage would apply instead. lenders often require collision when a car is financed or leased.

Collision coverage pays for damage to your own car when it’s involved in a collision with another vehicle or object. It applies regardless of who’s at fault, minus your deductible and up to your policy limits. This is distinct from bodily injury and medical payments, which cover people and their medical costs, and from property damage liability, which covers damage you cause to someone else’s property. If the damage comes from non-collision events like theft, fire, or a natural disaster, comprehensive coverage would apply instead. lenders often require collision when a car is financed or leased.