What is the Difference Between Comprehensive and Collision Insurance?

Get Car Insurance starting at only ₹2,094/year #
Car Insurance
Processing

Should you only go for comprehensive car insurance? Or buy collision insurance in addition to it? It makes sense to be confused before choosing between comprehensive and collision insurance for your vehicle. Both have their pros and cons as well as share of differences.

Read more

  • Renew policy in 2 minutes*

  • 20+ Insurers to choose

  • 1.2Cr+ Vehicles Insured

Car Insurance

#TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Get Car Insurance starting at only ₹2,094/year #
Looking for Car Insurance?
    Other models
    Other variants
    Select your variant
    View all variants
      Full Name
      Email
      Mobile No.
      Secure
      We don’t spam
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..
      Search with another car number?

      We have found best plans for you!! Our advisor will get in touch with you soon.

      This article will clear your confusion between the two and help you make a wise decision when choosing your next car insurance policy.

      What is Comprehensive Car Insurance?

      As the name suggests, comprehensive car insurance provides a holistic coverage for your vehicle.

      This type of car insurance financially protects you against accidents/damages caused to your vehicle by anything other than a collision with another vehicle or static object. This includes vandalism, theft, damage caused to your vehicle by acts of civil disturbance like riots and other incidents which are not in your control like floods, storms, etc.

      You can buy comprehensive car insurance as a single policy or by bundling it with collision and third-party car insurance for enhanced coverage for your car.

      Pros and Cons of a Comprehensive Car Insurance Policy

      PROS

      CONS

      Protects your car from almost every accident that is not under your control

      Does not protect against damages caused by collision on the road

      Pays for the third-party damages and protects you against  most of the road emergencies

      Does not include damages caused to a third party, you would need to buy a third-party insurance

      The best policy option you can buy for your new car to get premier protection against unforeseen incidents  while driving on the road

      Will still not pay for damages such as wear and tear of your car, depreciation, and mechanical/electric breakdown

      What is Collision Insurance?

      This is another type of car insurance policy that covers collisions on the road. If you have valid collision car insurance, you would be reimbursed for the repairs required to be made for the damage caused to your vehicle due to a collision with another vehicle on the road or even a stationary subject, for that matter.

      Collision car insurance needs to be bought in addition to comprehensive car insurance as collisions are not covered under a comprehensive policy and cannot be purchased as legal standalone insurance for your vehicle.

      Pros and Cons of a Collision Car Insurance Policy

      PROS

      CONS

      Protects your car from damages arising out of collisions with other vehicles or stationary objects

      Does not protect against damages to your car caused by events that are not under your control

      Pays for the repair of your vehicle and protects you against an unplanned financial expenditure

      Does not include damages caused to a third party, you would need to buy a third-party insurance

      The best policy option to protect your car against the most common type of accident on-road – vehicle collision

      Collision insurance can only be bought as an addition with comprehensive and third-party insurance and not as a standalone policy

      Comparison between Comprehensive and Collision Insurance

      While you cannot buy collision insurance as a standalone policy, comprehensive insurance in this case emerges as the core insurance of the two. If you are planning to buy collision insurance for your car, you would first need to buy comprehensive insurance.

      When you are buying a new car, it makes complete sense to buy comprehensive car insurance with it. This coverage will keep you secured against both major as well as minor damages caused by events that are not in your control.

      Collision insurance will only keep covered when damages are caused due to collisions. It does not cover civilian vandalism, auto theft, or even damages caused due to acts of terrorism. It will also not cover for the damage arising due to vehicular collision from the other driver's fault. Hence, before buying, evaluate whether collision insurance will be beneficial for you or not.

      Another thing you should keep in mind is the location where you would drive your car mostly. If your usual driving occurs in an area that carries a relatively higher traffic rate, has common sights of conflicts/collisions with animals then you should go for collision insurance.

      Meanwhile, if you live in an area where the occurrence of natural phenomena like cyclones, floods, and avalanches is common, then buying a comprehensive insurance policy should not be an option for you, it should be mandatory.

      To Conclude

      While buying at least third-party vehicle insurance is mandatory by law in India, buying comprehensive insurance and collision insurance in addition to it is simply an option for everyone.

      For some, comprehensive insurance becomes a compulsory option while for many it's not needed. When it comes to buying collision insurance, it would mean paying a higher amount of premium in addition to what you would be paying for your already expensive comprehensive insurance.

      Keep in mind that neither of these will help cover for the medical bills arising out of an accident causing injury to a person. So, make sure that you evaluate your choices to make a judicious decision and get the most out of your next car insurance policy. For more details you can get in touch with our car insurance experts through email, chat or phone. You can also request a callback!

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
      Save upto 85% on Car Insurance
      Search
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
       Why buy from policybazaar

      Car insurance articles

      Recent Articles
      Popular Articles
      IDV in Car Insurance

      22 Feb 2024

      In layman's terms, the IDV full form is the Insured Declared Value
      Read more
      Must-Have Car Insurance Addons for Brand New Cars

      31 Jan 2024

      Investing in a full-coverage car insurance policy is essential for
      Read more
      No Claim Bonus (NCB) in Car Insurance

      29 Jan 2024

      No Claim Bonus (NCB) is a reward given by an insurer to a
      Read more
      How to Choose the Right Car Insurance for Your First Car?

      17 Jan 2024

      Buying their first car is no less than a milestone unlocked for
      Read more
      Things To Know Before Purchasing Sedan Car Insurance

      12 Dec 2023

      The type of four-wheeler you purchase also impacts its insurance
      Read more
      Check Vehicle or Car Insurance Status/Validity Online
      It doesn’t matter if you are an excellent driver or take your car out only once in a few months; your car must be
      Read more
      Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your
      Read more
      Find Car Insurance Details By Registration Number
      Sometimes, you may face situations when you need car insurance or vehicle owner details but cannot readily access
      Read more
      How to Transfer Car Insurance Policy?
      An integral part of selling a car for both the buyer and the seller is ensuring a successful car insurance transfer
      Read more
      Comprehensive Insurance Vs Third Party Insurance
      Comprehensive car insurance offers protection to the insured car against third-party liabilities and own damages due
      Read more

      #Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc

      *Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.

      top
      View Plans
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL