Collision coverage is an optional part of car or motorcycle insurance. It provides protection for the repair or replacement expenses of your vehicle in the event of a crash with another vehicle, or a fixed object.

One important aspect to consider is that collision coverage insurance typically requires the payment of a deductible, which is the amount you are responsible for paying out of pocket before the coverage kicks in. The amount can vary and often impacts the cost of your premium.

It is particularly beneficial if you own a new or high-value vehicle, as it can help you cover the costs of repairs or replacement in the event of significant damage. However, if you have a lower-value vehicle or are looking to reduce your insurance expenses, it may be worth evaluating whether collision coverage is necessary for you.

In the event of an accident, having coverage can provide you with the financial protection and peace of mind you need to cover the costs associated with the collision claim.