The devastation from the ongoing wildfires in Southern California is expected to break property loss records, with an estimated 12,000 structures already burned.
With thousands of victims losing their homes, homeowners insurance in the state has been a major focus since the disaster began last week. But what about those who lost their vehicles to the fires?
It all comes down to what type of policy the owner has on the vehicle.
Robert Passmore, the Department VP of Auto and Claims at the American Property Casualty Insurance Association (APCIA), told FOX Business in an interview that there are two kinds of coverage for damage to a vehicle.
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“That is collision coverage, for when you hit something or another object or another car, and then there’s comprehensive coverage, which is for pretty much everything else that can happen to your car — things like floods or a tree falling on it, or it gets hit by …