(If you still owe money on your car, your lender will require you to maintain collision and comprehensive coverage’s.)
What it pays: The cost of repairing or replacing your car after an accident. Payment is limited to your car’s actual cash value, minus your deductible. Actual cash value is the market value of a car like yours without damages.

Who it covers:
You, your family members, passengers in your car, and others driving your car with your permission.