Most people get auto insurance, and they don’t even have any understanding of what their policies actually cover. In some cases, they end up paying way too much for coverage they may not even need.

There are many different types of insurance, and one of them is comprehensive, which is quite confusing to a lot of people. This is not the type of auto insurance that every car owner bothers with because it can tend to be pricey. But there are occasions when it really is necessary to have comprehensive insurance coverage.

Who Should Have Comprehensive Insurance?

There are some times when one really should have comprehensive insurance. For example, if you own a classic automobile, you are going to want to have special coverage on it, and this is where comprehensive comes in. Having this coverage will ensure that you are going to get the “agreed value”. This is the agreement between a vehicle owner and their insurance company, and it is the value that can be claimed if something were to happen to the classic auto. After all, with vehicles like these, it can be very difficult to get original parts, and when they can be found, they are extremely expensive.

With comprehensive insurance, a vehicle is covered for pretty much anything that can happen, including:

• Theft and Vandalism – These are not things that are typically covered by most insurance policies.
• Weather Damage – Again, you will not find this type of coverage in a basic insurance policy, but there are some comprehensive policies that provide coverage for weather damage.
• Accidents – If you have a classic auto and are in an accident with it, replacement parts are going to be expensive. This is a good reason to have comprehensive insurance.

With comprehensive coverage, they can be sure that they will get the agreed value, even if the car has been damaged to the point that its value has gone way down.

Getting the Agreed Value Policy

The first thing to remember when getting a comprehensive policy is that the agreed value is not based on what the owner thinks their vehicle is worth, but on other criteria, such as the classic automobile market at the time of insuring. It is important to have a professional appraisal in order to be able to get a value on the automobile and set up an insurance policy.

Not every insurance company offers agreed value in their contracts, so you will have to search for companies that do. You will need to ask about certain things, including:

• Rates – You need to make sure you are going to get the best deals on your comprehensive coverage.
• What is Covered – Make sure you understand exactly what is covered, because you may need to have additional coverage for some things.

If you are looking for the absolute best rates for your comprehensive insurance, you can find them by clicking here. We offer free insurance quotes, and all you need to do is enter your zip code. No personal information is needed.

Get your quote today, and be on your way to getting the best rates on comprehensive insurance for your brand new vehicle or for your classic car.