Comprehensive automobile insurance coverage is very similar to collision insurance, because it covers the damage to your own vehicle and is not required under state insurance laws. Loan companies will request to be named as a lien holder on the insurance policy for a financed car and in many cases will set a maximum deductible for any damages covered by a comprehensive loss. The difference between collision insurance and comprehensive coverage is what causes the damage. With collision insurance the damages you cause in an at fault accident to your own car are covered and with comprehensive insurance damages caused … Continue reading →