Question more or less fact-finding phone interview wtih employment commission?
Answers: 1st lets start next to collision. Covers your vehicle if it is hit or you hit something. Comprehensive is everything else. Fire, wind, precipitation, vandalism, theft, falling objects, hitting animal (most companies). Hope that help
How is it that Fred Loya Insurance doesn't charge broker fees?
Comprehensive insurance pays for replacement or repairs for your vehicle if it is stolen or damaged. Comprehensive is also referred to as except collision. The deductible is the amount you pay for a covered loss, the insurance company pays the amount above the deductible up to the marketplace value of your vehicle. The greater your deductible, the smaller amount expensive your insurance will be. The comprehensive deductible is the amount you have to settle before the insurance company pays. Let's read out you have a $100 comprehensive deductible. On your method to work a stone hits your windshield and cracks it. You take your sports car to a glass shop and they replace it for $250. You will pay cheque $100 and the insurance company pays the rest.
Want to save money on auto insurance? One opening is to increase your deductibles. I personally pass $500 deductibles. The money I save contained by premium each year more than pays to replace a windshield.
It's the first subdivision of the loss, that you pay for.
If your comp deductible is $500 and you hold $600 in reduce to rubble, you get $100 from the insurance company. If you hold $400 in injure, you get zilch.
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