Why Opting Out Of Comprehensive Auto Insurance Is Risky
All 50 states except for New Hampshire require vehicle owners to have liability insurance if they ever drive the automobile. Additional options include collision and comprehensive coverage. Many people opt out of comprehensive. They believe the odds are slim they will ever experience an incident that this insurance covers. It's important to consider this decision carefully because opting out of comprehensive carries the risk of a major expense. Collision Coverage Collision car insurance pays for repairs to the policyholder's vehicle when this person is responsible for the incident.