The term “full coverage car insurance” typically refers to a package of coverage for liability, comprehensive, and collision damage.
The term “full coverage car insurance” does not, however, come with a standard definition and cannot be used to purchase a policy.
Indeed, the definition of full coverage auto insurance varies from state to state. Full-coverage auto insurance may be required by some employers and lenders.
In layman’s terms, full-coverage auto insurance safeguards you from a variety of unforeseen circumstances. But it doesn’t cover everything that a “full coverage” policy should, and you’ll still have to pay your deductible.
The term “full coverage” typically refers to coverage that includes both collision and comprehensive coverage in addition to meeting state minimums.
If you finance or lease a vehicle, as well as for certain jobs, you may need full coverage.
Other policy options include gap insurance, roadside assistance, and medical payment coverage.
Vehicle owners who want to avoid costly out-of-pocket repairs may benefit from full coverage.
