If you hit another car or object, get hit by another car or object, or your car rolls over, collision coverage will help cover damage to your vehicle, up to the policy limit.
The maximum collision coverage payout is the actual cash value of your vehicle, minus the deductible amount you choose. Be sure to choose a deductible with an out-of-pocket expense you can afford.
You must have comprehensive coverage to purchase this protection. Collision coverage limits and deductibles may vary by state, and is generally required if you have a loan or lease on your vehicle. Otherwise, coverage and limits are optional.