As an Ft. Wayne, IN resident, you may be wondering if you need comprehensive auto insurance. The answer is—maybe. While comprehensive coverage is not required by law in Indiana, it can be beneficial in certain situations. Wise Insurance Agency provides this guide in navigating comprehensive auto insurance and when it’s necessary.

What is Comprehensive Auto Insurance?

Comprehensive auto insurance is a type of coverage that protects you from damage to your vehicle, whether it’s your fault or not. This can include harm from weather, fire, theft, or vandalism. If your car is totaled in an accident, your comprehensive insurance will also payout.

When is Comprehensive Insurance Required?

The state doesn’t require drivers to have comprehensive insurance, but your lender will probably need it if you’re still paying off your car. They want to make sure their investment is protected in case of an accident. A Wise Insurance Agency representative can help you understand your options if you’re still paying off your car.

If you’re not required to have comprehensive insurance and don’t have a loan on your vehicle, you might still want to consider it. That’s because comprehensive coverage can save you a lot of money in the long run if your car is damaged in an accident or stolen.

How Much Does Comprehensive Auto Insurance Cost?

The cost of comprehensive insurance will vary depending on your car, your driving record, and where you live. Your deductible amount also plays a role in how much you pay for coverage.

Your best bet is to speak with a Wise Insurance Agency representative serving the greater Ft. Wayne, IN community about your specific needs. We can help you find the right policy for your vehicle and budget.