At what point do I cancel the collision insurance on my auto?

“Cut your collision or comprehensive coverage or raise your deductibles and save a mint!” they'll say, but such comments don't take into account the current status of the car in question, nor does it account for your own personal financial state. read more

Dropping collision insurance could save you about $63 a month with Progressive. But remember, if you're in an accident, and it's your fault, you'll have to pay for your damages 100% out of pocket. And if you lease or finance your car, your lender might require you to maintain collision coverage. read more

Comprehensive and collision insurance are similar in nature, so it is best to understand what they are and how they differ so you make the best choice. Collision Insurance Collision insurance covers you for damage to your car resulting from a solo accident, or if you collide with another vehicle or object. read more