The Law Dictionary

Featuring Black’s Law Dictionary Free Online Legal Dictionary 2nd Ed.

What is COLLISION INSURANCE

Automobile insurance coverage for physical damage and injury. (1). In comprehensive insurance, compensation for damage to the insured’s vehicle and to the other vehicle if the insured is at fault, as well as for personal injury and private property damage arising out of the collision is what the insurer pays; (2). In third-party insurance, coverage is only for the loss and/or injury sustained by the party other than the insured. Known also as collision coverage.

Share on facebook
Facebook
Share on twitter
Twitter

Disclaimer

Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.