Coverage for damages to your car caused by impact with another vehicle or object.
What is Collision Coverage?
Collision coverage covers damage to your car in a variety of situations. If you hit another car‐the damage to your car would be covered by this part of your policy. For example, if you hydroplane on a wet road and hit a tree, damaging your front bumper, Collision coverage would take care of the repair costs—less your deductible.
Collision is an optional coverage and to include it on your policy, you must also purchase Comprehensive coverage. If you lease or finance your car, your bank may require Collision coverage.
What Should My Collision Deductible Be?
When choosing a collision deductible, or if you want to purchase collision coverage at all, it's important to think about the age of your car and how much you think repairs might cost you.
A collision deductible is the amount of money you would be comfortable paying out of pocket if a collision ever caused damage to your car. So if you hit a concrete barrier while trying to park and you had a $500 deductible, you would pay $500 out of pocket for the repairs and Liberty Mutual would handle the rest of the repair costs.