Should You Invest In Collision Auto Insurance Coverage?
If your vehicle is currently being financed, you may not have a choice when it comes to whether or not you purchase collision auto insurance coverage. This is because it is commonplace for lenders to require borrowers to carry this type of auto insurance until which time they have successfully paid off their auto loan. However, if you own your vehicle outright, whether or not you wish to include collision insurance in your policy will be completely optional.