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The cost of collision car insurance coverage depends greatly on the type of car you own and its fair market value. If your car falls into the category of expensive, accident-prone, easily damaged, frequently stolen, or hard to repair vehicles, your car insurance premiums will be higher. If your car instead rates high on safety and dependability, it will cost much less to insure. When you have an auto accident, the amount of money you are paid to repair your vehicle depends on many factors, including the extent of the damage and the cost of the replacement parts.