What type of damages does collision coverage pay for?

Collision coverage specifically addresses damages to the insured's own vehicle resulting from an accident. This means that if the insured's car is involved in a collision—whether with another vehicle, a stationary object, or as a result of a rollover—collision coverage will pay for the repair costs or replacement of the insured's vehicle, regardless of who is at fault in the accident.

This type of insurance is designed to protect the owner of the policy from the financial impact of repair expenses that can arise following an accident. In contrast, other types of coverage, such as liability insurance, would cover damages to other vehicles or medical expenses associated with injuries to others involved in an accident. Collision coverage focuses solely on the damages caused to the policyholder's own car, making it a crucial component for anyone seeking to protect their investment in their vehicle.