Is it bad to not have collision insurance?

It can be risky to not have collision insurance because if you cause an accident, you will have to pay for the damage to your car out of your own pocket. Collision insurance helps cover the cost of repairing or replacing your car if it is damaged in a crash, regardless of who is at fault. Without this coverage, you may struggle to afford the expenses that come with a collision. It’s important to weigh the potential financial consequences of not having collision insurance and decide if it’s worth the added protection for your vehicle.

Posted by Alyssa DiCrasto

Alyssa uses her many years of experience writing about complex industries to research and create clear content that makes insurance easy to understand. She has been with Rate Retriever since its beginning, establishing our strict editorial policy and directing our comparison experience.

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