Combined Physical Damage Coverage

Categories: Insurance

The Cadillac (meaning "good"...not meaning a wasted brand via poor management that used to connote style and cutting edge technology) of car insurance coverage.

The combined physical damage coverage basically protects you financially from anything bad that could happen to your vehicle. It consists of a web of different policies, providing coverage for things like collision, theft, and fire.

It also goes by the term "specified causes of loss" coverage, which seems like a big step down name-wise. Like changing the title of Goodfellas to A Bunch of Guys Who Are Fun to Hang Out with Sometimes, But Also Might Shoot You And They're Generally Morally Suspect, So Keep That In Mind.

Or the additional coverages included can fall under an umbrella term called "other than collision," which seems like it might make the other coverages feel bad. Fire coverage, you're as good as collision coverage in our book.

Find other enlightening terms in Shmoop Finance Genius Bar(f)