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Tag: collision coverage

Collision coverage, yes or no?

People often ask me why they should carry collision coverage on their vehicles. It’s expensive. This is what I tell them. When you’re in an accident and it’s your fault, your insurance company will pay for the repair or the value of the vehicle less your deductible. That can be a pretty large expense to have to pay for if you don’t carry collision coverage. You can’t plan when an accident is going to occur

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