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Physical damage is a term used to describe the harm or destruction that occurs to a physical object or property. It encompasses a wide range of incidents, including collisions, vandalism, and more.
In the context of insurance, physical harm coverage refers to the protection provided to policyholders for the repair or replacement of their own vehicle in the event of damage.
This policy is designed to alleviate the financial burden of repairing or replacing the damaged vehicle. It typically includes collision coverage.
Having physical damage coverage is particularly important for vehicle owners, as it safeguards their investment and provides peace of mind in the face of unforeseen events. By having their own vehicle repaired or replaced through this coverage, policyholders can quickly get back on the road and resume their daily activities.
Physical damage coverage can be found in Motorcycle and Off-road insurances under PSIC. It provides essential protection in case you are held legally responsible for damages to third parties in the event of an unfortunate accident.
To expand your coverage to damages to your own vehicle, you can add optional protections such as collision coverage (when you are at fault for the accident) and uninsured or underinsured motorist coverage (when the responsible party fails to cover the damages they caused to you).
Consult in detail with your producer for more information.
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Copyright © McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. 17486061 The insurance policy, not the contents of this website, forms the contract between the insured and the insurance company. The policy may contain limits, exclusions and limitations that are not detailed on this website. Coverage may differ by state.
Privacy Notice at Collection for CA employees
Last updated: June 27, 2023
We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.
Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.
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When it is no longer necessary to retain your personal information, we will delete or anonymize it.