This is a guaranteed source of coverage in the event of an auto collision. It's not insurance to reduce or repair your vehicle, but rather, insurance that reimburses you.
About collision coverage:
Collision coverage may protect the product's manufacturer against accidental damage and act as a comprehensive accident insurance, since it covers the cost of damages to physical property & vehicles.
-This coverage covers a broad range of vehicle damage, including fire and smoke damage-You're protected against liability — even if another driver wasn't at fault by this
Pros of collision coverage:
When buying collision insurance, you have to ask yourself what coverage you need which will be of use. It's a huge decision, so it's best to discuss it with an insurance professional before buying.
Collision coverage does not apply to rental cars. If you rent a car without collision coverage, you will have to pay the deductible, or pay it yourself without option.
Cons of collision coverage:
Because you pay for collision coverage up front, it can give you peace of mind while letting you focus on more important things. Plus, there's nothing more frustrating than being on side of the road.
Know what your insurance policy covers. Always remember to check policy to avoid paying out of your pocket if car or other assets are damaged by an uninsured vehicle driver.
About collision coverage:
With collision coverage the money is at risk to the overall loss of the vehicle (rental company does not). You can get it for a relatively low price, depending on your policy & where you are located.