Two highway signs on the New Jersey Turnpike.

Getting Collision Insurance Quotes - Plymouth Rock NJ

When shopping for auto insurance, you'll find that there are many different types of coverage available to you. From your basic liability coverage to comprehensive coverage, underinsured/uninsured motorist coverage, and everything in between—knowing which types of coverage you need (and how much) isn't always easy. However, when getting quotes, collision insurance is one form of auto insurance coverage you won't want to overlook. The purpose of this insurance is to help pay for the repair or replacement of your car if it is damaged as a result of an accident.

What Does Collision Insurance Cover?

There are many types of damage that should be covered with collision coverage. If you're involved in an accident with another motor vehicle, the resulting damage to your car should be covered regardless of whether the accident was your fault or the fault of another driver. Likewise, if you get into an accident with a stationary object (such as a tree or guard rail), your collision coverage should still kick in. The same applies to a single-car accident resulting in a vehicle roll-over or similar scenario.

After you've paid your deductible, your coverage should kick in and pay for repairs or replacement of your vehicle up to the value of your vehicle at the time of the loss. Keep in mind, however, that your policy generally will not cover damage to your vehicle caused by something other than an accident (such as vandalism). Collision coverage is a “first party” coverage, meaning it covers your vehicle, not damage you may cause as a result of an accident to another person’s vehicle or property.  

Choosing Collision Coverage and Deductibles

When getting a collision insurance quote, you'll need to decide the amount of deductible you’re willing to pay in the event of a loss. Specifically, your deductible is the amount you'll need to pay out-of-pocket before your coverage will kick in and it applies whether or not you are at-fault for the accident. The higher the deductible you choose, the lower your premium will be, but the more you'll need to shell out if your vehicle is involved in an accident and needs repair or replacement. It's important to select a deductible that you can comfortably afford.  

Do You Need Collision Insurance?

Since collision coverage pays up to the current value of your vehicle when damaged in a covered loss (minus the deductible), it is helpful to determine this value when considering whether to purchase collision coverage. The current value of your vehicle is generally what you can reasonably sell your vehicle for today, considering its age, condition, mileage and features. However, collision coverage may be required if you're driving a vehicle that is financed (this includes leased vehicles). Even if you aren't required by your lender to carry it, collision insurance can save you from a situation where your vehicle is damaged in an accident and you don't have enough money to afford the necessary repairs or replacement. And of course, having collision coverage can give you some much-needed peace of mind behind the wheel.

Shopping For Collision Insurance Quotes

Don't pay more than you have to for collision coverage; shop around with various auto insurance carriers to make sure you're getting the best deal. When shopping for collision coverage, be sure to use the same deductible in your quotes for an accurate comparison.

If you're ever involved in an accident that results in damage to your vehicle, you'll be glad you have collision coverage. And by shopping around, you can find the best deal on the coverage you need.

Call 855-993-4470, get your free quote online, or find an agent to learn more about getting collision insurance quotes in New Jersey. If you need additional information it can be found on our Contact Us page.