Comprehensive coverage (a.k.a. “Comp”) pays for repairs to your car if it gets damaged just sitting there. For example, theft, vandalism, hail, fire, or falling objects like tree limbs. Wear and tear to your car is also not covered (such as repair for things like mechanical failure, breakdowns, freezing, or road damage to your tires). Your “deductible” is the amount you have to pay towards repairs when coverage kicks in. Let’s say you have a $500 deductible. If your car collides with a tree and the repairs cost $3,000, then you pay the first $500 and Noblr pays the remaining $2,500.
PS: If you have a car loan or you lease your car, then your lender/leasor most likely requires you to buy Comp & Collision coverage.
Collision coverage can pay for repairs to your car if it is damaged in a collision or if your car rolls over. Your Collision “deductible” is the amount you have to pay towards repairs when coverage kicks in. In order to get Collision coverage you must have Comprehensive coverage.
Rental Car Coverage
Rental car coverage helps pay for a car rental when you are unable to drive your car due to a covered loss such as an accident, vandalism, or theft.
Loan/Lease Gap Coverage
If your financed or leased car gets totaled, then this coverage can help cover the difference in cost between the cars current value and what you still owe on it. For example, if your car’s actual cash value is $5,000 and you still owe $7,500 on the car loan, then Loan Lease Gap coverage can pay 25% of $5,000 value of the car to help cover the $2,500 difference.
We all need a hand from time to time. That’s why Noblr policies include roadside assistance coverage to help you out if you need a tow, jump start, are locked out, or need a tire change. Roadside Assistance may be used up to 3 times per covered car every 6 months, subject to policy terms and limitations.