Full coverage auto insurance<\/b> sounds all encompassing and many people assume that it means full protection. Sadly, that\u2019s not quite true. The majority of full coverage car insurance<\/b> plans fit most needs, but there are a few situations and items that aren\u2019t fully covered. Let\u2019s take a moment to fully define \u201cfull coverage auto insurance\u201d and the details surrounding it.<\/p>\nWhat Does \u201cFull Coverage Auto Insurance\u201d Really Mean?<\/h2>\n
Full coverage car insurance<\/b> is a policy that bundles together comprehensive coverage, collision coverage, and liability coverage into one plan to cover bodily injury and\/or property damage you\u2019ve caused in a car accident. Auto insurance companies<\/b> combine these three commonly requested coverages together into a single insurance policy<\/b> in order to simplify things since you both can keep track of one plan instead of three separate ones.<\/p>\nComprehensive and Collision Coverage? What\u2019s That?<\/h2>\n
Comprehensive coverage<\/b> covers theft, vandalism, or other damages done to your vehicle that weren\u2019t a result of a car collision. Collision coverage <\/b>will pay for the repairs or loss of your vehicle In the event of an accident. Comprehensive and collision insurance plans can be sold separately, together, or as two parts of a full coverage auto insurance plan.<\/p>\nOther Insurance Coverage Options to Consider<\/h2>\n
While liability, comprehensive, and collision coverage can protect you in many cases, it doesn\u2019t fit every possible scenario. Other coverage options you can add include :<\/p>\n
The truth is that getting full protection will be pretty expensive. You will have to figure out what you truly need and can afford. Look at your budget to see what kind of coverage fits your budget. Shop around multiple insurance providers to see if they\u2019ll offer you a discount for bundling several policies.<\/p>\n
Lastly, consider the worth of your vehicle. If your car is old or has high mileage, you may want to exclude certain forms of coverage since certain vehicle repairs might cost more than the worth of your car. You can find an accurate estimate of your car\u2019s worth at the Kelley Blue Book website<\/a> to gauge your insurance costs accordingly.<\/p>\n