April 21, 2006, Newsletter Issue #13: Car Insurance Collision Coverage: An Option, Not a Requirement

Tip of the Week

Auto Collision Coverage is an option, not a requirement, in most states in the U.S. (If you are financing your car, lending institutions require proof of auto insurance collision coverage.) Collision car insurance covers damage to your car, but does not cover the damage to any other car you may hit in an auto accident.

There are many instances, however, when having collision coverage is a tremendous help:

* When you hit a stationary object and are clearly at fault;
* When you hit another car and are at fault;
* When you are hit by a driver who does not have liability car insurance coverage.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Exclusive Sponsor

Not finding the advice and tips you need on this Car Insurance Tip Site? Request a Tip Now!


Guru Spotlight
Mary White