“Full coverage” is a widely used term in auto insurance, but it is often misunderstood. It does not refer to a single coverage, but rather a combination of financial protections that work together to cover the driver, the vehicle and losses they may cause. At Tap to Insure, LLC, we explain what may or may not be included in a full coverage policy.

What Does Full Coverage Auto Insurance Include?

Full coverage typically combines at least three core components of auto insurance, including.

• Liability coverage may pay for injuries and property damage you cause to others in an accident.
• Collision coverage can cover damage to your vehicle when it collides with another car or a stationary object.
• Comprehensive coverage may cover damage from fires, theft, weather events, falling objects or incidents involving wildlife.

Together, these coverages provide a greater level of financial security than policies that only fulfill minimum state requirements.

Common Misconceptions About Full Coverage

Many drivers assume full coverage means everything is covered in every situation, but that is not always the case. Coverage details can vary by policy, and certain situations, such as rideshare driving or carrying specific types of cargo, may not be included without additional endorsements.

Why Full Coverage May Be Right for You

Full coverage can be a practical option for any motorist, but may be particularly essential for those who own newer or high-value vehicles. Additionally, if you’ve financed or leased your vehicle, your lender will likely mandate full coverage to protect their investment. Motorists in areas with high crime rates or frequent natural disasters may also benefit greatly from full coverage.

The right coverage may depend on your individual needs, budget and the value of your vehicle.

Our Team Can Help

Contact Tap to Insure, LLC today to review your coverage options or get a free custom quote.

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.