Generally, comprehensive is a separate coverage from collision insurance. Collision insurance protects your car when you are in an accident or crash the car into something, resulting in body damage. Comprehensive insurance protects the body of your car and your car in other scenarios, like theft, vandalism, and hurricanes, for example. It is important to note that collision is separate from comprehensive insurance, although it is purchased separately. Some people buy one or the other and think they have purchased both but you have to buy both coverage to get the benefit of both insurances. This insurance generally comes with a deductible – $250, $500 or $1,000. Thus, if you have a very inexpensive vehicle, then this insurance may not be needed; however, if the car is very expensive, then it would be a good idea to have comprehensive insurance. If you have a loan against the car, the bank will commonly require you to carry both comprehensive and collision coverage. If you do not have a loan against the car, then Florida law does not require this insurance be carried.
