What Is “Full Coverage” Car Insurance?
“Full coverage” car insurance is not actual coverage but a general term that many insurance agents, car dealerships, and lenders use to describe a policy that includes specific coverage. For example, when an agent says “full coverage” car insurance, they’re generally referring to the following coverage:- Collision
- Comprehensive
- Liability (usually includes Property Damage and Bodily Injury)
- Gap Insurance
- 24-hour Roadside Assistance
- Uninsured Motorist
What Does Full Coverage Car Insurance Include?
While your coverage largely depends on your insurance company, full coverage typically covers you, your passengers, and the vehicle. Some of the things typically covered by a full-coverage car insurance policy include:- Theft
- Vandalism
- Fire Damage
- Hail Damage
- Flood Damage
- Deer Accidents
- Fallen Tree Damage
- Windshield Cover
Who Needs “Full Coverage” Car Insurance?
You may need to consider “full coverage” if:- You’re financing a car. Lenders require “full coverage” in addition to other coverage required.
- You want financial protection. You may be required to cover the cost of replacing your vehicle after a theft or loss without “full coverage.”
- You want peace of mind. Having “full coverage” car insurance protects you against many situations that could put you at financial risk.Full coverage policies are the best choice if you want the highest level of protection because they protect against a wide range of potential incidents, whether the car is parked in a garage or on the road.
