1. What is the difference between comprehensive coverage and collision coverage, and do I need it? Comprehensive insurance covers you from things like acts of God (i.e. floods, a fallen tree, or hail) or theft. Collision covers the damage to your vehicle if you hit someone or someone hits you. This is strictly coverage to take care of your vehicle if it’s damaged. If you have a loan on your vehicle or you are leasing it, then chances are you’re going to be required to have comprehensive and collision coverage on your policy. This is for the lienholder’s piece of mind, but at the same time it just makes good sense if you have a vehicle that’s valued at $20,000 or more. As your car gets older and depreciates in value to something like $3000, it might not be necessary to have comprehensive and collision coverage on that vehicle. Your premium costs will just be too great over the course of 1-2 years to justify that expense. If you’re unsure of the value of your car, you can check online with sites like Kelley Blue Book or NADA to help you determine if this is a necessary coverage for you or you can contact a local best insurance agent. https://bit.ly/jonpantoneagencyfacebook