How does Collision Insurance differ from Liability Insurance?

Collision Insurance is designed specifically to cover damages to your own vehicle resulting from a collision with another vehicle or object, regardless of fault. This type of insurance helps pay for repairs or replacement of your car after an accident. It's an important aspect of auto insurance for drivers who want financial protection against the costs associated with damage to their own vehicle, as opposed to Liability Insurance, which is meant to cover the costs of injury or damage you cause to other people and their property. Thus, understanding this distinction helps drivers make informed decisions about their insurance needs and whether they want to add Collision Insurance to their policy for added protection of their own investments.