The final of three categories that your auto insurance covers is Coverage For Your Vehicle.
There are two types of coverage available for your vehicle. Having these is usually referred to as having "full" coverage. These are also the coverages that you set deductibles for.
The first is Collision coverage. Seems pretty obvious that collision coverage will cover the cost of your vehicle when it collides with another vehicle. It also covers the cost of your vehicle when you collide with other objects such as a telephone pole or a tree.
The second is Comprehensive coverage. Comprehensive coverage is sometimes referred to as "Other Than Collision Coverage." Comprehensive or Other Than Collision generally pays for damage to your car caused by something OTHER THAN a collision, ( see...it's all coming together..), such as theft, storm damage, or those pesky deer.
That's all pretty cut and dry information. What some people don't know however, is that your Comprehensive and Collision coverage is on an ACV (Actual Cash Value) basis. This means if you cause an accident or run into a pole, and your vehicle is totaled, you will receive a payout from your insurance company of the "Blue Book" value of your vehicle right before the incident. This means you won't get enough money to buy a brand new model of your current vehicle. You will only get enough money to purchase a vehicle similar to the one that was damaged.
As usual if you have any questions about this information or any other insurance related inquiries please feel free to send me a Facebook message or e-mail me at firstname.lastname@example.org