Does car insurance cover a hit and run accident?

Let’s pretend for a minute your car is parked outside of a store and you come out only to notice the vehicle has been hit and no other driver is around. Hit and run accidents are common but …

• How do you get your car fixed?
• What type of car insurance covers the damage?
• Are you covered?
• Who is at fault?
• Does auto insurance cover hit and run accidents?

Does Full Coverage Insurance Cover Hit and Run?

Almost all states have minimum car insurance requirement however its accidents like these which are almost never covered under any state minimums since any form of hit and run accident is covered under your collision car insurance coverage and collision is almost always optional.

States generally require only liability insurance to protect damages caused to other people and without opting for additional car insurance such as collision coverage you are always subject to financial liability even when your car is parked.

The good news is you can report the incident to the police and if they find the driver you can then submit a claim to their auto insurance company. Of course, finding the hit and run driver is a pretty big if. And finding who covers hit and run accidents is the next step.

How Much is Collision Car Insurance?

In a report published by the National Association of Insurance Commissioners during 2009 the average cost of collision car insurance was $301 annually compared to $475 for liability insurance coverage and $136 for comprehensive coverage. While this data is a few years old consumers can still expect around 25% of a typical full coverage car insurance policy to represent the cost of the collision car insurance premium.

Of course, collision car insurance covers much more than a hit and run accident. In fact, it’s the only type of coverage which protects losses to your vehicle from accidents happening while you are driving. It is best to have hit and run full coverage car insurance.

How Can I Find Cheap Collision Car Insurance?

Cheap is not a word we use. Affordable and Reliable are the key components of choosing car insurance coverage. The only way to find the bets collision car insurance rates is by starting an online car insurance quote comparison search and comparing providers in your area. Since auto insurance rates are based on a number of factors comparing multiple providers is the only logical way to track down the best rates.

Need a collision car insurance quote? Enter your ZIP code above to get connected with local car insurance companies so you can start auto insurance quote comparison today.