The law only applies to private passenger automobile insurance physical damage coverage. This Coverage is NOT affected by the new law This Coverage IS affected by the new law Liability coverage is required by law. Liability coverage rates are based on your driving record. Collision and comprehensive coverages are not required by law, but may be required by your lender. Collision and comprehensive coverages rates are based on the riskiness of the driver and driving record.
Comprehensive coverage pays for damages resulting from fire, theft, flood, hail, etc.