Waivers
are
not
insurance;
they
are
relatively
from a collision with an object (e.g., a pothole, lamp
inexpensive and provide coverage if you have to cancel
post or guard rail), another car or as the result of
the trip, but come with many restrictions and are not
flipping over. However, it does not cover wear and tear
regulated by state insurance departments.
to a car or its tires due to bad road conditions.
There are many different travel insurance companies
Collision
coverage
and types of policies to choose from. Before choosing
generally
one, compare companies, policy coverage, benefits and
deductible – the higher your
prices. And check your health and homeowners
deductible, the lower your
insurance policies to see what coverage you already
premium.
have. You may discover that your medical insurance
coverage will reimburse you
does not cover you abroad, and may provide no
for the costs of repairing your car, minus the deductible.
coverage at all for medical evacuation.
sold
Your
with
is
a
collision
Collision insurance is different from comprehensive
To get the travel insurance policy that is right for
insurance, which is also an optional coverage.
your situation, talk to your insurance professional or
Comprehensive coverage reimburses drivers for theft,
your travel agent.
vandalism, flooding and damage from fallen objects,
Additional information is also available from the
U.S. Travel Insurance Association.
RELATED LINKS
Consumer Article: Travel Insurance
Video: Test Your Travel Insurance IQ
Jeanne Salvatore blogs at The Fine Print.
The I.I.I.’s free mobile apps can help you create a disaster
plan, learn about selecting the right insurance for your
needs and budget, and create and maintain a home
inventory. Learn more about our suite of apps here.
The I.I.I. has a full library of educational videos on its You
Tube Channel. Information about I.I.I. mobile apps can be
found here.
DOES MY AUTO INSURANCE COVER DAMAGE
CAUSED BY POTHOLES?
From: www.iii.org
The good news is, yes, pothole damage is usually
covered – providing you have collision coverage.
Collision coverage, an optional portion of a standard
such as trees.
A driver who hits another car, or a pedestrian, due to
a pothole also will be covered by liability insurance,
which is required to drive legally in every U.S. state
except New Hampshire. Liability coverage applies to
injuries that you, the policyholder or designated driver,
cause to someone else.
Facts and Figures
Most motorists carry collision coverage on their
vehicles. Indeed, 71 percent of U.S. drivers had
collision coverage as of 2011, the most recent year for
which
the
National
Association
of
Insurance
Commissioners (NAIC) has data.
The NAIC found that 76 percent of all drivers had
comprehensive coverage in 2011.
For information on what the typical American
policyholder spends on auto insurance, see our Facts &
Statistics: Auto Insurance.
auto insurance policy, covers damage to a car resulting
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