Allstate Comprehensive vs Collision: Difference and Comparison

Auto insurance is crucial and essential for every vehicle. The base of every Auto insurance is that it is liability insurance.

The Insurance pays for any damage that is caused to a vehicle during an accident. Auto insurance can be further divided into two main types – Allstate comprehensive and collision.

Key Takeaways

1. Comprehensive insurance covers damage to your car from non-collision events like theft, fire, vandalism, and natural disasters.
2. Collision insurance covers damage to your car from a collision with another vehicle or object.
3. Both types of insurance are optional, but lenders require them if you have a car loan or lease.

Allstate Comprehensive vs Collision

The difference between Allstate Comprehensive and Collision is that Allstate Comprehensive insurance plans pay for non-crash damage while collision insurance plans pay for crash damage. Damage like fire or weather damage is covered under Allstate comprehensive, while damage like hitting an object or other vehicle is covered under collision.

Allstate Comprehensive is stand-alone insurance or can be combined with other policies as well. The plan can be issued individually as well.

The insurance type is also known as ‘other than collision coverage. The insurance plan does not provide coverage for single-car rollover accidents.

On the other hand, Collision is bought in a combination of third-party liabilities and policies. The combination of other plans provides the highest security.

Damage due to hitting any object, like a pole or building, is covered under collision.

Comparison Table

Parameters of Comparison	Allstate Comprehensive	Collision
Definition	Allstate comprehensive is a type of insurance that provides coverage to repair or replace vehicles that are stolen or which are damaged in an accident.	Collision is a type of insurance that provides coverage to accidental collisions of the vehicle.
Type of insurance	Stand-alone insurance or can be combined with other policies as well	Combination of third party liabilities and policies are preferred
Parameters covered	Vandalism, civil disturbance, theft, damage by animals, fire, natural disasters or falling objects	Collision by other vehicles, collision with and objects like trees or fences, or accidents involving a single-car rollover
Parameters not covered	Damage by collision, damage to other vehicles by collision or medical expenses after an accident	Damage to the vehicle of other person, and medical bills after an accident
Compulsory	Essential if the vehicle is leasing or financing, else optional	Optional

What is Allstate Comprehensive?

Allstate Comprehensive is a type of insurance that provides coverage to repair or replace vehicles. The coverage of the vehicle does not include vehicles that are stolen or which are damaged in an accident.

Comprehensive insurance is also known as “other than collision” coverage. The insurance provides coverage for damages resulting from driving the vehicle.

Allstate Comprehensive is important for users who lease or finance their cars.

The parameters that are covered in Allstate comprehensive insurance are vandalism, civil disturbance, theft, damage by animals, fire, natural disasters, or falling objects.

Damage caused by all-natural calamities and disasters is covered under the insurance plan.

Allstate comprehensive plans have a deductible amount that the user pays; the rest is paid by the insurance while covering the claim.

The deductible amount can be selected for the users’ needs and requirements. The insurance plan also has a maximum amount limit that would be paid while covering the claim.

The maximum amount is the actual cash value of the vehicle.

The deductible amount can be chosen in set increments. A higher deductible comprehensive amount would result in lower premiums. Allstate comprehensive insurance is completely optional.

It provides an extra layer of security. Allstate comprehensive insurance is a smart investment for old cars.

What is Collision?

Collision is a type of insurance that provides coverage for accidental collisions of the vehicle. It covers The vehicle even if some other vehicle runs into it while the vehicle is parked.

Collision insurance can be reimbursed faster than most other types of auto insurance. It does not concern the accident or who was at fault.

Collision insurance is bought in combination with other third-party liabilities and a comprehensive cover. Insurance is essential for lenders if the car is being leased or financed.

Collision insurance covers collision from another vehicle, collision from an object which could be a tree or fence, or collision from a single-car accident, which could be falling over or rolling.

Damageable parameters not covered by collision insurance include damage that could be due to driving, like theft or hail, damage to someone else’s vehicle, or medical bills.

The insurance type has a deductible amount that is paid before the coverage while claiming the plan. The deductible amount can be chosen as per the need and requirement.

The coverage plan also has a limit. The limit refers to the maximum amount the policies would pay while covering the claim.

The limit is the maximum cash value of the vehicle with the deducted depreciation.

Collision coverage provides an additional layer of security for users who cannot replace the vehicle if it gets destroyed or damaged in an accident.

Main Differences Between Allstate Comprehensive and Collision

1. Allstate’s comprehensive plan does not cover collisions with other vehicles, while collision plans cover accidents or collisions with other vehicles.
2. Allstate’s comprehensive plan covers theft and vandalism, while collision plans do not cover theft and vandalism.
3. Allstate Comprehensive does not provide coverage for single-car rollover accidents, while Collision provides coverage for two damage caused by single-car rollover accidents.
4. Allstate Comprehensive provides coverage to damage caused by fire and natural disasters like tornados or hurricanes, while Collision does not provide coverage to damage caused by fire or natural disasters.
5. Allstate comprehensive insurance plans pay for non-crash damage, while collision insurance plans pay for crash damage.

References

1. https://heinonline.org/hol-cgi-bin/get_pdf.cgi?handle=hein.journals/lsujoenre2&section=11
2. https://link.springer.com/chapter/10.1007/978-94-009-5658-2_4