Full coverage is a general term that has different meanings to different people depending on policy coverages. Some people think that full coverage automatically includes roadside assistance and glass coverage along with comprehension and collision. Others could think full coverage is just comprehension and collision. When future or current AZ Insurance Team clients ask for full coverage we always help clarify what coverages they want/need. When an insurance company uses the term full coverage they are often referring to the required types of coverage needed in your state to drive (usually liability coverage), collision coverage, and comprehension coverage.
Everyone needs liability coverage! It is required in every state to have liability coverage to legally drive so it is important to have liability coverage in the least.
Collision coverage takes care of repairs to your own car in the event of an accident, regardless of who's at fault. This means whether you accidentally hit a pole or are involved in a collision with another car, your repairs are covered minus your deductible.
Comprehensive coverage goes even further, protecting you against non-collision events like theft, vandalism, natural disasters, or encounters with wildlife.
Do I need comprehension and collision coverage? If you bought a vehicle and have a loan the bank will require you to have both comprehensive and collision. If you do not have a loan for the vehicle it is your choice to have comprehensive and collision or just liability. If your car is worth much less to the point that it would be considered totaled if in an accident, comprehension and collision might not be necessary for you. If you were to get in an accident and did not have the money to buy or lease another car, comprehension and collision will give you some money to help with your new payments.
There are other coverages you can add to your policy like roadside assistance or glass protection to help protect your car as well. In summary, it is important to know what types of coverages you have and what types are right for you. AZ Insurance Team likes to give options and help you through what coverage you need. Give us a call today!
Disclaimer: Coverage will vary on state, insurance company, and type of policy.
Information credit: https://www.progressive.com/answers/full-coverage-car-insurance/
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