Comprehensive deductible definition means while buying an insurance with an additional coverage, there is an option of deduction. It is upon you to choose the amount of deduction. In case of any comprehensive claim, you have to pay the deduction amount compulsorily. The insurance will pay the amount for comprehensive damage as per the policy conditions minus your deduction. There is no exact Definition, but the illustration above explains it. Here we will also cover some information on comprehensive claim, damage and the difference between liability and comprehensive insurance.
Comprehensive Damage (Comprehensive Deductible – Definition):
Comprehensive Damage covers factors which are not because of collision. For example as follows:
- Also, Natural disasters
- Falling objects
- Also, Damage done to your car by animals
- A civil riot. (see comprehensive deductible definition)
Things not covered under Comprehensive Damage in claims are:
- Damage to your car from a collision (needs collision insurance)
- Also, damage to another person’s vehicle from a collision
- Your (or your passengers’) medical expenditures.
Comprehensive claim after damage in Comprehensive Deductible – Definition means claim which is made under comprehensive insurance. There are numerous ways to file a claim. You have options like customer care number, email intimation, lodge claims on websites, through agents, through apps or through the repair centers. As soon as the comprehensive claim is registered insurance carrier agent inspects and do further procedures.
Difference between liability and comprehensive insurance:
The main difference between liability and comprehensive insurance is:
- Liability insurance covers damage done to other vehicles that you’re legally obligated to cover.
- comprehensive insurance covers the damage done to other vehicles plus, damage done to your own vehicle from traffic accidents and many natural sources.
Hence it should be clear now that what does comprehensive deductible mean, comprehensive damage, claim.
Therefore, it is always advisable to take a insurance for better protection and to avoid big digs on your pockets.