This is just my opinion but if the car is over 7 years old, or has a K.B.B value of less than 10,000 USD.
Unless of course its some sort of rare or luxury automobile then I can't judge when to get rid of it.
It also depends on how "accident prone" you are. If you tend to get into accidents alot (where you are At Fault) then collision insurance might be a good thing to happen, but if you tend to only get into accidents that are other peoples' fault then....
Auto collision insurance weiver of deductable
Collision coverage, also known as auto collision insurance, is the part of your auto insurance that most always pays for damages to your vehicle in the case of an accident.
It's called Collision coverage and is usually purchased along with Comprehensive coverage when you buy your auto insurance. If you purchased the collision coverage option when you bought your auto insurance policy it will be covered.AnswerThird party car insurance.
The forthcoming insurance companies offer collision insurances: Insurance4CarHire, Auto Rental Collision Damage Waiver, Rental Cars and the Collision Damage Waiver, etc.
No. Your homeowners Insurance Policy does not cover Auto Collision. You will need to file on your Auto Insurance under your Vehicle Comprehensive and Collision Coverage.
yes
If you have full coverage with Comprehensive and Collision then yes, you should be covered.
I don't think you can legally. If your car is still being paid for the lien holder requires the collision insurance.
Assuming that the at-fault driver maintained it at the time of the collision, his/her auto liability coverage would be triggered.
After an auto collision, one should first check for injuries. In many cases peoples injuries are hidden by shock, so it is important to see a doctor to make sure that there are no serious injuries. One should also call the police. The police will determine the cause of the collision, which is required by the insurance companies. It is also important to contact a lawyer and your insurance company, just to make sure you can't be held liable.
All of them.
Yes, absolutely it is more expensive! Collision is the more expensive part of any auto insurance policy.