Collision Insurance Hagerstown MD Specialists

A collision insurance policy will cover the repairs to your vehicle and car rental expenses, in the event of any accident being your fault or if the at-fault party does not have insurance.  Although the State does not require you to have collision insurance, if your car has a more than nominal value, collision insurance is a prudent option.  If you car is older or nearing “end of life,” your Insurance Brokers of Maryland agent will explain the cost and benefit of foregoing collision coverage.

Covers the Current Value of Your Car

If your car is completely demolished in an accident, it is only the current value of your car that is covered by your collision insurance policy, i.e., what your vehicle was worth at the time of the accident.  You will not get a brand new car, which is why there is also Gap Insurance.