If you've selected Encompass car insurance, comprehensive coverage will be one of the options you need to consider.
It's important to know what your coverage options are when you're looking for new auto insurance. Comprehensive coverage is only one of many coverage options that you can choose from when you obtain a quote from Encompass car insurance. Comprehensive coverage works hand in hand with your collision coverage to reimburse you for repair expenses in case your vehicle is damaged, so it's important to understand how the coverage works.
It's required in some cases
Encompass car insurance comprehensive coverage is an optional portion of your insurance policy. However, most lienholders require that you maintain this coverage, along with collision coverage, to protect their investment when you have a car loan or lease in place.
When you choose to add comprehensive coverage to your auto policy, you will need to choose a deductible. Keep in mind that your deductible is your out-of-pocket expense at the time of a loss, so you don't want to choose an option that you can't afford. For example, if your car is stolen and you file a claim with Encompass, car theft reimbursement would pay you for the current value of the car minus your deductible.
Unique coverage for unique events
The comprehensive coverage on your car insurance policy protects your vehicle from losses that aren't due to collisions. The comprehensive coverage portion of your policy covers things that you typically don't have control over, such as:
- Car fires
- Floods
- Severe weather
- Theft
- Vandalism
- Damage caused by animals
Limits to your coverage
If you have a brand new vehicle, it’s important to remember that your comprehensive coverage only reimburses you to the amount your vehicle is worth at the time of your loss. If you have a loan or lease on the car you are insuring, you might want to consider adding new car replacement coverage, in addition to comprehensive coverage and collision coverage. You wouldn't want to find yourself in a position of having a totaled car due to an event covered by your comprehensive coverage, only to find that the balance remaining due on your loan or lease were greater than the final value of your insured vehicle.
(Encompass does offer a vehicle replacement rider you can add to your Encompass car insurance comprehensive coverage.)
Brighten your day with some free car insurance quotes
Your Encompass insurance representative should review each type of coverage available to you when you obtain a quote. It's important that you know all the details of your coverage, including the types of losses your policy covers, and the required limits of coverage necessary to stay in compliance in your state.
(Use this guide to understand all the car insurance options available through Encompass)
Whether you're purchasing a new car or you're purchasing a used car, Encompass car insurance comprehensive coverage is an important option. You could suffer a huge loss if an accident occurs without it. When you're ready to consider a new or renewing car insurance policy, it can help to get the advice of a local, licensed car insurance professional. Reply! can help you find insurance agents in your area more than eager to help you put the best car insurance policy in place for you.