What Is Broad Coverage Auto Insurance

What Is Broad Form Insurance? Broad form insurance coverage extends beyond the basics to include rare events that may be of serious risk to the insured. This type of insurance usually requires that a higher premium, and often a deductible, be paid.

Is broad form insurance good?

Broad form insurance is generally cheaper than standard liability coverage. Though premiums for broad form insurance are low, it offers very little insurance protection and is not recommended for most drivers.

What is covered under broad collision?

Broad Collision – or broad form collision, broadened collision is the level of coverage that waives paying any deductible unless you are AT-fault in a collision. That means if someone hits you, you don’t pay! … Regardless of whether or not you are at fault you will pay the deductible at this level.