What does Collection Expense Insurance mean? Read on to discover the definition & meaning of the term Collection Expense Insurance - to help you better understand the language used in insurance policies.
Collection Expense Insurance
Collection expense insurance provides coverage for travelers who need to leave their car behind due to personal reasons or car problems. The policy covers the cost of repairs, if applicable, the cost of travel for one person to collect the car wherever it may be left, and the cost of car storage, if applicable.
We hope the you have a better understanding of the meaning of Collection Expense Insurance.