Products and coverages

If your vehicle is damaged from colliding with another vehicle, an object, or the ground, collision coverage pays for your vehicle’s repair.

There is usually a deductible amount for this coverage. The deductible is either paid by the policyholder toward the cost of repairs or deducted from the claims settlement.

Comprehensive coverage covers damage resulting from events other than collisions, such as hail, vandalism, theft, or fire.

There is usually a deductible amount for this coverage. The deductible is either paid by the policyholder toward the cost of repairs or deducted from the claims settlement.

All Perils coverage combines collision and comprehensive coverages for your vehicle under one deductible. It also covers loss or damage to your vehicle if someone in your household steals it.

Specified Perils coverage is a more limited version of comprehensive coverage. It covers damage from specific events, such as fire, lightning, and theft.

There is usually a deductible amount for this coverage. The deductible is either paid by the policyholder toward the cost of repairs or deducted from the claims settlement.

An endorsement is an attachment to a standard auto insurance policy used to increase or reduce coverage. Some common endorsements include:

• Comprehensive Cover Limited Glass (known as a SEF 13D) – This limits coverage for a vehicle’s glass at a reduced premium.
• Loss of Use (known as a SEF 20) – If your vehicle is damaged and your insurance policy covers repairs, this attachment provides you with a specified daily dollar amount and a total amount toward either a vehicle rental or the use of taxicabs and public transportation.
• Legal Liability for Damage to Non-Owned Automobiles (known as a SEF 27) – Extends the physical damage coverage and deductible you have on your vehicle to a rental vehicle.
• Accident Rating Waiver (known as a SEF 39) – This protects the renewal of your insurance from increasing due to an at-fault accident involving your insured vehicle.
• Limited Waiver of Depreciation (known as a SEF 43R) – This waives any depreciation on the repair or replacement of a new vehicle should it suffer an insured loss (subject to certain restrictions).
• Family Protection (known as a SEF 44) – Protects you and family members in your vehicle if you are in a collision with an uninsured or underinsured driver. Even though you may have the right to collect money from an at-fault driver to reimburse you for your claim, if the driver does not carry enough insurance or has no insurance, your claim may not be fully paid. This endorsement pays the difference between your claim settlement amount for injuries arising from the accident and the third-party liability limit of the at-fault driver’s policy up to your third-party liability limit.