While Collision and Comprehensive (first-party) insurance is optional in the United States, many drivers opt for protection against damage to their vehicle.

So how much does first-party insurance cost in the United States?

Pricing Factors for Collision and Comprehensive Insurance

A number of factors determine the cost of collision and comprehensive coverage. These include:

  • The vehicle's value (lower => cheaper)

  • The deductible (higher => cheaper)

  • The model, make, and year's loss history (lower => cheaper)

Collision and Comprehensive Insurance Indicative Costs

As a rule of thumb, collision and comprehensive insurance coverage costs 3-6% of the vehicle's value per six-month policy term.

These policy costs are indicative and subject to change without notice.

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