Mark Fitzpatrick 

Please call  Lee from  USAsurance Powered by WeInsure & Calle Financial. 954-270-7966 or 833-USAssure at the office. My email is . I am Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance, Mortgage protection, Financial Products, Business  & Commercial Policies, & Group Products for business owners to give Employees benefits at no cost to the employer. My email is

Collision coverage pays for necessary repairs if the policyholder’s car gets damaged after colliding with another vehicle or object. This coverage type is typically included as part of a full coverage policy. Other inclusions are liability and comprehensive coverage. There are various factors to consider in determining if you do need collision coverage or not. Among these are your vehicle’s age, value and location. MoneyGeek breaks down these considerations to help you determine if collision insurance is worth it for you.

Do You Need Collision Insurance?

By law, most states require some form of auto insurance. However, they often only mandate liability coverage. No state requires full coverage insurance, which includes collision coverage.

That said, if you’re financing or leasing your car, the lender or leasing company may require you to have collision coverage.

When to Get Collision Insurance Coverage

Because state laws don’t mandate collision insurance, drivers need to consider their personal circumstances to determine if they could benefit from this coverage. Below are some scenarios where having collision insurance is a practical choice.

  • You have a high-value car: Drivers who have high-value cars may find it practical to have collision coverage. It can help pay for major repairs after a collision, which tend to be more expensive for high-value vehicles.
  • You can’t save enough to replace your car: When deciding if collision insurance is worth it, consider your finances. Can you afford to replace your car if it’s totaled? If your answer is no, then having collision coverage may be worthwhile.
  • You’re leasing or financing your car: If you’re leasing or financing your car, then you may need to get collision coverage. In most cases, lenders and auto financing companies require this coverage.
  • You live somewhere with many uninsured drivers: If you live in a state with a high rate of uninsured motorists, you may have a higher risk of getting in an accident with an uninsured individual. Collision coverage is an excellent option to protect your property from loss because it covers the cost of repairs or even car replacement.

Having no collision insurance puts you at risk of going without coverage if you cause an accident. In this case, your liability insurance and the other party’s insurance won’t cover your expenses, and you’ll be forced to pay for these costs out of pocket.