Full coverage car insurance provides financial protection over and above your state’s minimum requirements.
What’s Full Coverage Insurance?
Full coverage car insurance is a term that refers to a package of different coverage types. It isn’t a specific policy, but typically includes liability coverage, comprehensive and collision coverage, plus any other state-mandated car insurance. This could include personal injury protection or uninsured/underinsured motorist coverage.
Who Needs Full Coverage Insurance?
Drivers who finance or lease their vehicles are generally required by lenders and lessors to purchase full coverage auto insurance. Full coverage is optional if you own your vehicle outright, but with new or expensive cars that you can’t afford to repair or replace, purchasing full coverage may still be the right choice. After your deductible, comprehensive and collision coverage can pay vehicle repair costs that would otherwise be out-of-pocket. Extra coverages may be available for little additional premium.
Full coverage car insurance is based on state requirements, lender or lessor requirements, and your financial circumstances. Reach out to speak with an independent agent about coverage options that can give you peace of mind or request a quote online.