Finally, collision coverage is intended to protect a driver’s asset – their automobile up to the actual book value of that vehicle. In most instances, there is a deductible involved with collision coverage. This is the amount that is required to be paid by the driver before insurance takes effect. In most cases lower deductible equates to a higher premium. Collision coverage is especially important with regard to cars that have been leased or financed. Financial institutions typically require the drivers carry collision coverage. As an added note comprehensive coverage is intended to cover other eventualities such as flooding, fire, vandalism or theft. Contact AZ Insurance Center for Tucson car insurance today.