Comprehensive Deductible
This deductible covers everything other than an actual collision (Theft,
Act of God, Etc.) If a claim is made, the consumer must pay the
deductible before the insurance company will fix, or replace the damaged
item, in general the higher the deductible is the lower the premium
Collision Deductible
This deductible covers an actual accident. If a claim is made, the
consumer must pay the deductible before the insurance company will fix,
or replace the damaged item, in general the higher the deductible is the
lower the premium.
Bodily-Injury
This, along with Property Damage make-up your Liability Limits. Bodily
Injury is the part of Liability Insurance that covers any medical
expenses which may occur in an at-fault accident. You will see 2
amounts, the first is the amount of coverage that you carry per person,
the second amount is the amount of coverage you carry per accident. Both
amounts are in thousands (100/300 means you are carrying $100,000 per
person, and up to $300,000 per accident). If the amount of damage
exceeds the amount of coverage that the insured is carrying, then the
insured is responsible for the remaining balance.
Property Damage
This along with Bodily Injury make-up your Liability Limits. Property
Damage is the part of Liability Insurance that covers any property which
may be damaged in an at-fault accident. If the amount of damage exceeds
the amount of coverage that the insured is carrying, then the insured is
responsible for the remaining balance.
Uninsured Motorist
This is coverage for yourself against an uninsured motorist. If you are
struck by an uninsured motorist and you are carrying this coverage then
the insurance company will cover your medical expenses, and the cost to
fix, or replace your property.