Asking for full coverage typically means you want a specific set of coverages (liability, comprehensive and collision), and that’s all. If you buy coverage this way, without personalizing it, you might end up with too little or too much.
Liability coverages follow the car
The guy who borrowed your car may get the ticket and the driver’s license points, but it’s your insurance that will pay if he caused the accident.
In order for policyholders to be protected financially in cases where they are found liable, they will have to purchase liability protection as described above with suitable limits. Keep in mind that drivers may be able to raise the coverage limits for a small additional premium.
Minimum coverages for damage to property are as low as $5,000 in some states. If an auto accident results in $50,000 in damage, you would still be on the hook, along with your friend, if the victim chooses to sue for whatever amount insurance doesn’t pay.
Collision and comprehensive follow the car
Collision and comprehensive, which pay to repair or replace your vehicle if it is damaged in a collision, stolen, or damaged by natural disaster, also follow your vehicle.
Collision coverage is a part of your auto insurance policy that provides financial protection from having to fix or replace your car if you are in a wreck. If you cause a wreck, this portion of your policy pays to replace your car based on the fair market value before the wreck or repair it to its previous condition.
As part of a full coverage auto insurance policy, comprehensive coverage is often sold to consumers. Comprehensive coverage is a part of your policy that will provide protection for your vehicle from other sources of damage. If your car is damaged by something other than a collision with another vehicle, it could be covered by this part of your policy. Some of the potential items that could be covered by comprehensive coverage are:
• Fire damage
• Theft
• Vandalism
• Storm damage
• Tree branches
• Hitting an animal
Medical coverages follow the driver — and sometimes the car
Medical coverages of personal injury protection (PIP) and Medical Payments (MedPay) follow the driver. The medical coverages’ benefits are based on people, not the insured vehicle, so can move with you and your family if you’re driving or riding in your own vehicle or someone else’s.
Indeed, car accident cannot be avoided that there are cases when people get hurt in such accidents. These complications would obviously need medical, or even emergency attention, and of course, hospital expenses.
Medical coverages through your car insurance policy can also follow the car. If your passengers don’t have medical coverage of their own, your MedPay or PIP coverages can extend and pay, up to your limits, if occupants of your vehicle are injured in an accident.
Its never been easier to compare full coverage car insurance quotes. It isadvisable for you to inquire the experts for help.