I want a quote for Full Coverage

by admin in Insurance University at May 23, 2012

Drivers in Grand Prairie, Arlington, Irving, Mansfield and Cedar Hill always ask how much is Full Coverage! There is really no such thing as “full coverage.” No insurance company should advertise full coverage, because it’s impossible to buy a car insurance policy where you are fully covered against every exposure. Sometimes people say they’ve added full coverage to their car, or that their line holder requires full coverage, when they are talking about just physical damage coverage’s of collision and comprehensive.

What most drivers and insurance agents refer to as full coverage is a car insurance policy that includes state-mandated car insurance coverage’s (this usually is bodily injury liability and property damage liability but also may include uninsured motorist and personal injury protection), along with physical damage coverage’s of collision and comprehensive. Bodily Insure covers other people’s bodily injuries and death for which you are responsibility. Property Liability covers you if your car damages someone else’s property. These coverage’s come with maximum limits that you choose at the inception of your policy. Liability coverage’s don’t protect your car in any way, so that is why you purchase physical damage coverage’s. Collision insurance covers damage to your automobile caused by a collision with another object or by upset. Comprehensive covers damage to your vehicle for damages caused by things other than collision, such as vandalism, theft, or glass breakage. Most line holders require physical damage coverage if you are financing or leasing your vehicle. These coverage’s each come with a deductible, an amount due before your insurance benefits kick in. Whatever car insurance coverage’s you have are subject to the guidelines and terms of your policy, especially with regards to the payment of claims. We personally try not to use the term full coverage because it can be misleading and make policyholders upset when they come across a situation that cannot be claimed or that they feel is only partially covered.

Learn more about the various types of coverage’s that you can get on your car insurance policy, including medical ones such as personal injury protection and medical payments, by reading through our car insurance definitions page.