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Is it Better to have Liability or Comprehensive Coverage?

I have a Honda Accord which i bought 5 months back. The present insurance what I have is a liabilty insurance with comprehensive collision coverage. Could you please advice me,is that a good choice to have such an insurance?or should I go for a comprehensive coverage?what is the major differences between liability and comprehensive coverage?

Asked by Ganesh

Answer:

From what you are describing it sounds like you have liability and collision coverages.  I would recommend getting comprehensive coverage as well.  Comprehensive coverage covers your vehicle against everything other than collision such as: theft, vandalism, falling objects, etc.