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Floridians can usually rest assured that if they become involved in a car accident that the other driver will at least carry property damage coverage needed to repair their vehicle. There are occasions, however, where the process is not as seamless and that property damage coverage is not extended right away. Four of those potential occurrences include:

1) the other driver had a lapse in coverage;

2) the other driver did not have an active policy (did not have any coverage);

3) the accident was your fault; or

4) there is a question as to who caused the accident (liability dispute).

With situations three and four, coverage being extended to you is questionable. With situation number four, the time needed by the insurance company to investigate the accident can be extensive. The great news is that if you carry collision coverage on your policy, you can move forward with vehicle repairs immediately. The only immediate drawback is that you will have to pay your deductible. It is important to note that your insurance company will seek to recover your deductible from the other driver’s insurance company if the investigation is finalized in your favor. For drivers who are still paying for their cars, the lender will mandate collision coverage in order to protect their investment in the event of a car accident. Alternatively, for drivers who do not have an existing loan on their vehicle, adding collision as an option deserves the most consideration when selecting your automobile coverage. Unless you are able to go without your vehicle if damaged or worse totaled in an accident, it is wise to carry collision coverage on your policy. The main reason for not doing so is a lower cost premium. I would venture to say that there is a much greater cost in not having transportation while waiting for the insurance company to respond and even more important if they do not respond positively leaving you with very few options.