Collision coverage is a type of auto insurance that helps pay for damage to your vehicle after an accident, regardless of who is at fault. This coverage typically applies to incidents involving other vehicles, objects, or even single-car accidents, such as hitting a tree or a guardrail. If your car is damaged, collision coverage can help cover repair costs or the actual cash value of your vehicle if it’s deemed a total loss. It is important to note that this coverage usually comes with a deductible, which is the amount you must pay out of pocket before the insurance kicks in.