The Truth About “Full Coverage” Auto Insurance

Full coverage is often used to describe a combination of different types of auto insurance coverage. Typically, it includes liability insurance, collision coverage and comprehensive coverage. Liability insurance can help cover damage to other people and their property if you are at fault in an accident. Collision coverage can help pay for damage to your vehicle resulting from a collision with another vehicle or object. Comprehensive coverage can cover damage to your vehicle caused by events other than collisions, such as theft, vandalism or natural disasters.

Despite its name, “full coverage” does not mean that every expense related to an accident or vehicle damage will be covered. These policies have limitations and exclusions. For instance, they do not typically include rental car reimbursement, roadside assistance, or custom parts and equipment.

If you finance or lease your vehicle, your lienholder likely requires full coverage auto insurance to help protect their investment. Your agent can help you get auto insurance to comply with these requirements.

Understand Your Policy

A clear understanding of your coverage can help avoid surprises when filing a claim. Knowing the limits of your liability coverage and the deductibles for your collision and comprehensive coverage is crucial. These factors can significantly impact your out-of-pocket expenses after an accident.

Your agent may recommend additional policies and endorsements to meet your unique needs.

Learn More

Contact Select Insurance for a personalized auto insurance quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.