It is vitally important for motorists in the United States to have car collision insurance, or some other form of automotive insurance, to protect them and other motorists when driving on the country's roads. Car collision insurance keeps drivers, their passengers, and other motorists safe when on the roads. There are close to 6.5 million automotive accidents in the United States each year, with over 42,000 deaths occurring each year because of these accidents. The estimated cost of automotive accidents in the United States each year 230 billion dollars. That money goes towards repairing vehicles, repairing damaged roads, replacing road signs and from lawsuits. Close to 115 people die each day as a result of motor vehicle accidents in the United States, which averages out to one death every 13 minutes. These stats are provided by the Federal Highway Administration.

Car collision insurance is not required by law, like liability insurance is, across the country. Car collision insurance is an option available for drivers in the United States. Collision insurance protects drivers against a collision with another vehicle or with an object. No matter the cause of the collision, the driver of the vehicle is protected against collision damages to their vehicle if they have this type of vehicle insurance. Many drivers who operate older vehicles typically decline car collision insurance when purchasing auto insurance because the vehicle is so old they might just buy a new one should they get into an accident. More often than not, new car buyers will acquire car collision insurance to protect their new purchase. Car collision insurance is required when the driver purchases the vehicle with a bank loan or funds lended to them from another type of lending institution.

The premiums for car collision insurance can be extremely high if the driver chooses low deductibles. But, if the driver chooses higher deductibles for their policy they can expect to pay much lower premiums. For example, say the driver pays a $1,500 deductible, they will need to pay this fee when involved in an accident. Should the value of the damage from a collision hit $10,000, the driver only needs to pay $1,500 towards the vehicle's repairs. On the other hand, if the accident only costs $2,000 in damage, the driver will need to pay $1,500  towards the cost of repairs and the insurance company will pay the final $500, which does not seem like a strong deal.