What is difference between comp Insurance and collision coverage? Comp (a.k.a Comprehensive or Other than insurance Collision) and Collision are physical damages. Insurance coverage’s on a personal life insurance or business auto car insurance policy.
Therefore collision coverage provides reimbursement for some damages to your auto vehicle after you’ve been in your car accident in which there is no any fault or you are at fault. both cases. Comp insurance provides reimbursement for a set of named perils that include, hit, fire, an animal, falling objects, auto car get’s struck by lightning and in more.Insurance Comp will often be provided in the conjunction with full glass coverage but some time is technically a separate part of the auto car insurance policy.
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