There are just so many things that can happen to you and other parties in an accident. This is what auto insurance companies wanted to address that is why they are offering varying types of auto insurance coverage. There are coverage designed to take care of the damages and bodily injuries you caused to other people and there are coverage that are tailored to cover the property and physical damages you get from a crash. If you wanted to protect yourself from uninsured motorists auto insurance company’s can provide you with that particular protection.
Among the types of coverage auto insurance companies offer the most intriguing is the full insurance coverage. Indeed there is a full insurance coverage however the service provided by this coverage is not the literal translation of its name. The term full insurance refers to a kind of coverage that takes care of the driver or the policyholder, the insured car and third parties. This kind of full coverage can be in the form of Collision coverage or Comprehensive coverage.
As the name implies Collision coverage is designed to pay for all the damages caused by collision or crash whilst Comprehensive coverage was created to address damages caused by natural calamities like fire, storm and flood. Also damages which can be done by people like theft and vandalism and other damages caused by animals are covered by Comprehensive insurance.
Since these types of Full Insurance can cover even the passengers and other third party that got involved in the accident policyholders can really have some peace of mind even after an accident crossed their path.
Full coverage insurance cradles more responsibility to policyholders thus it is expected that full coverage will be very much expensive. This is not a state requirement and not everyone needs this kind of protection. This kind of full coverage is advised to people who are driving brand new cars. If your car is leased or financed, your lender will most likely require you to get full insurance coverage. It can also be useful for people who drive a lot in routes with accident prone areas.
You do not necessarily need this full insurance coverage if you live in a driving-friendly neighborhood. Also you can opt not to get this highly expensive full type of coverage if you are not driving most of the time, if you have low mileage and if you drive an older and safer car model.
