Answer:
Collision Insurance covers the costs of repairing or replacing your vehicle if it is damaged during an accident with another vehicle or object.
Explanation:
Collision insurance can be very useful to protect your vehicle against the major financial losses, caused by the physical damage to your vehicle. However, collision insurance does not cover medical bills due to traffic injuries, damages not related to driving, or damages to another person's vehicle. It is valuable while the car is new, and it can also be required if you have an auto loan or lease.
