answersLogoWhite

0

What does collision coverage insure?

Updated: 8/19/2022
User Avatar

Kingstonz

Lvl 1
15y ago

Best Answer

The repair of damage caused to your car when you caused the accident

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does collision coverage insure?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the difference between inelastic collision and perfectly inelastic collision?

In an inelastic collision kinetic energy is lost (generally through energy used to change an objects shape), but the two objects rebound off each other with the remaining kinetic energy. In a perfectly inelastic collision the two objects stick together after the collision.


Elastic and inelastic collisions?

its a collision


Park no closer than 500 feet from a collision. True or False?

True


Why insurance contract is one sided contract?

Insurance contracts are not one sided. There are two parties to the contract. The insurance company who agrees to insure the insured party. The insured party who agrees to make the premium payments. Thus a contract. While the foregoing is broadly true (although there can be many more than 2 parties to a contract), what the question may really be asking is why insurance contracts are characterized as adhesion contracts. An adhesion contract is one which is essentially non-negotiable and offered on a "take it or leave it" basis. In the case of insurance, the insurer chooses the language of the policy, and at least as far as most types of consumer insurance is concerned, the language is not negotiable. However, if a coverage dispute arises and the parties litigate over the policy (whether or not an event is covered), the court will determine whether or not there was an ambiguity in the terms of coverage. In that respect, an ambiguity is a term or a phrase that can be construed alternately as affording coverage for the event or not affording coverage. In general, if the court finds that there was an ambiguity, it will usually determine that there is coverage for the event (because the insured had no role in choosing the language of the policy, and if the insurer wanted to specifically exclude coverage, it could have chosen different wording). That said, a court will not accept a twisted meaning of a term or phrase so as to create an ambiguity-the term or phrase will be given its usual and ordinary meaning unless specifically defined otherwise in the policy.


Why can an explosion be considered and inelastic collision in reverse?

In a normal perfectly inelastic collision, objects stick together, and there is damage done. Kinetic energy is not conserved, but momentum is. However, an explosion is a perfectly inelastic collision in reverse, because instead of having objects coming at each other and sticking together, the objects are already stuck together, and fly apart. The equation for this is [m1 v1 + m2 v2] = [m1 + m2]*v The damage done would be the chemical reaction involved. Atoms were at first stuck together, but there was a chemical reaction [aka "damage" because atoms were changed], and then the atoms fly apart. Thus, a perfectly inelastic collision in reverse. Be careful how you use the physics terms; it's not an inelastic collision [that's when objects impact then part].

Related questions

What does collison coverage insure?

Collision coverage pays for the repair or replacement of sheet metal and certain other damage sustained to a motor vehicle as a result of an impact with another object. The scope of the collision coverage is set forth in the insurance policy, and is generally distinguished from the comprehensive coverage that covers other causes of loss. Neither collision nor comprehensive coverage indemnifies for bodily injuries or medical expenses.


Can you use your full no claims to insure two cars?

Each car has separate coverage for itself depending on what coverage you elected to take out on the vehicle Liability Collision Comprehensive Coverage etc Full No Claims is not coverage for the vehicle It means you have full coverage and you have not had any claims filed for accidents


What do you mean by collision coverage?

Collision is a coverage that usually applies when you "collide" with another vehicle.


Is it possible to insure yourself?

Yes it is. If you are talking about auto coverage, you would be covered under comprehensive, collision, personal injury protection, and medical clauses if you so choose.


Will Allstate insure a salvage rebuilt vehicle?

Perhaps for liability only but not for Comprehensive and Collision Coverage. It also depends on the state you are in and whether or not the Department of Public Safety allows such to be registered.


Can I get insurance to cover collision in Illinois?

You can get insurance to cover collision in Illinois. Simply check with your automobile insurance provider and add collision coverage to your coverage.


When is a car comprehensively insured?

Comprehensive is a type of coverage you can add to an automobile policy. Comprehensive coverage is a physical damage coverage that includes damage to your vehicle that is not included in collision coverage. Collision coverage is damage done when you hit something or turn the vehicle over. Comprehensive includes fire, theft, vandalism, and animal collision. You can have comprehensive without collision but not collision without comprehensive.


What does collision coverage What does collision coverage?

In automobile insurance, collision coverage provides for repairing a vehicle when it is damaged due to the fault of the insured. Liability insurance provides for cost of repair of the OTHER vehicle if you damaged it.


What level of insurance coverage should you keep on a 1996 Toyota 4 Runner?

Unless this vehicle has special sentimental value, insure it for liability at the level and deductibles you are comfortable with and skip the collision.


What do you mean by collision?

Collision is a coverage that usually applies when you "collide" with another vehicle.


You have no collision coverage and was hit by another car what can you do?

Collision coverage covers accidents you are at fault for. Their insurance should pay for any damages to your vehicle.


Do I need to insure my car if I have drivers insurance?

It is uncertain what you mean by "driver's insurance". There is a kind of liability insurance called "non-owners coverage" that is often required under a state's Financial Responsibility Law when an individual has been in an at-fault collision, did not have the required liability coverage and when the other party's damages exceeded a stated amount, or when an injury occurs. It is also sometimes required when a judgment is entered against an individual for an auto collision and the judgment remains unsatisfied. Non-owners coverage generally will "follow the driver" irrespective of the vehicle that he or she is driving. Non-owners coverage provides no coverage for the vehicle itself such as for its repair or replacement in the event of a collision.