Many people wonder if they should invest in collision insurance. The truth is that skipping this essential coverage can result in high replacement costs you’ll otherwise pay out of pocket. At Heydari Financial Group in Houston, TX, you can speak with an experienced agent to learn more about adding collision coverage to your auto insurance policy.

Consider Purchasing Collision Insurance for These Reasons

In some cases, you might not have any choice. For instance, your lender or leasing company may require it. Therefore, it’s important to determine the minimum insurance necessary when buying or leasing a vehicle. However, you also may want to add collision insurance to a vehicle you drive for the following reasons:

You can’t afford a new car if you crash the one you drive.
You don’t have enough savings to cover extensive repairs.
You drive in heavy traffic areas with high accident rates.
You have had one or more at-fault accidents in your driving history.

How Collision Insurance Works

Collision coverage typically pays for damage to your vehicle minus the deductible. When you file a claim, the insurance company usually covers most of the cost up to the vehicle’s market value.

Collision insurance covers events in your policy, including non-vehicular incidences related to road conditions and other factors. So, if your car gets hit in the parking lot or receives damage due to an icy patch, you may be glad you invested in collision insurance.

Getting Collision Insurance in Houston, TX

Contact Heydari Financial Group in Houston, TX, to find out how to get collision coverage for your vehicle. An experienced agent can help you with all your auto insurance needs.