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Simple English definitions for legal terms
comprehensive insurance coverage
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A quick definition of comprehensive insurance coverage:
Comprehensive insurance coverage is a type of car insurance that pays for damages to your car that happen outside of a collision. This means it covers things like theft, vandalism, hail, and falling tree branches. Even though it's not required by law, if you have a car loan, your lender will usually require you to have comprehensive insurance because it covers more types of damage than other types of insurance.
A more thorough explanation:
Comprehensive insurance coverage is a type of car insurance that pays for damages to your vehicle that are not caused by a collision. This type of insurance covers a wide range of incidents, such as:
- Hail damage
- Theft
- Vandalism
- Tree branches falling
- Cracked windshields
While comprehensive insurance is not required by law, it is often required by lenders if you have a car loan. This is because collision and liability insurance do not cover damages caused by natural disasters or other non-collision incidents.
For example, if your car is parked outside during a hailstorm and the hail damages your car, comprehensive insurance would cover the cost of repairs. Similarly, if your car is stolen, comprehensive insurance would cover the cost of replacing your car.
Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) | compromise