What type of damage does Own Damage coverage protect against?

Own Damage coverage specifically protects against physical damage to the insured's vehicle. This includes a variety of incidents such as collisions, theft, vandalism, or natural disasters that directly affect the vehicle. Essentially, it is designed to cover the repair costs or replacement of an insured vehicle when it is damaged or destroyed, regardless of who is at fault.

In contrast, liability for injuries to others, stolen vehicle replacement, and property damage to third parties represent other types of coverage that do not fall under Own Damage. Liability coverage focuses on the financial responsibility of the insured in cases where they cause injury or damage to others. Stolen vehicle replacement deals specifically with replacing a vehicle that has been stolen, which may require a different coverage type or policy endorsement. Lastly, property damage to third parties relates to the coverage protecting against damage the insured may cause to someone else’s property, which also does not pertain to the Own Damage context. Thus, Own Damage coverage is essential for safeguarding the insured's investment in their own vehicle against direct physical threats.