What’s Covered in a Full-coverage Auto Insurance Policy?

An essential part of being a responsible driver and car owner is obtaining the right insurance to protect yourself and your investment. While most states require minimum amounts of insurance coverage on vehicles, it may be in your best interest to consider a full-coverage auto insurance policy.

What Is a Full-coverage Auto Policy?

A full-coverage auto insurance policy isn’t a specific type of policy, but rather a term used to describe a combination of coverages—typically collision, liability and comprehensive insurance.

• Collision insurance may cover damage to your own vehicle resulting from a collision with an object or another vehicle. It may help pay for repairing or replacing your car and is often required if you lease your vehicle.

• Liability insurance is required in most states and may help with bodily injuries or property damage if you are found at fault in the accident. It may help with medical expenses and legal fees, as well as other expenses as outlined in your policy.

• Comprehensive insurance may assist with costs resulting from incidents other than collisions, such as theft, vandalism, and weather-related damage.

Additional coverages may be included in a full-coverage auto policy, such as roadside assistance, gap coverage and uninsured/underinsured motorist coverage. Contact your insurer to determine your policy’s coverages.

Should I Get a Full-coverage Auto Policy?

Most states don’t require you to carry full-coverage auto insurance, but it may be highly recommended in some cases. Out-of-pocket repair costs are generally higher for new or expensive cars, so a full-coverage auto policy may be the best way to financially protect your investment.

The dedicated staff at Seguro Noroeste, LLC can help you find the right policy for your needs and budget. Contact us today to get started with a quote or for more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.