So coverage. So what is full coverage auto insurance, and under what circumstances is it a better deal less less comprehensive policies? Let & # 39; s find out.
A full coverage auto insurance policy contains three types of coverage: liability, collision and comprehensive. Liability, which is legally required in the most states before a vehicle registration is issued or renewed, pays the costs for any physical property damage or medical expenses if you lose in a car accident lawsuit. Collision insurance pays for any damages to your car.
If your car is total, comprehensive insurance will reimburse you for any necessary car rentals. It also provides 24-hour roadside assistance.
Even if you & # 39; re driving someone else & # 39; s car, you and your passengers are covered. This offers excellent protection for families, even if other cars in the household only have liability insurance.
Unlike an uninsulated motorist, who does not even have liability insurance, an under-insured motorist as a lower limit than your own policy If the evidence is unclear which part of the court of law, a judge will usually take the person with full coverage car insurance more seriously.
Desperate the terminology, "full" coverage does have limits. "The a requirement is 100/300, where the numbers are thousand-dollar increments: $ 100,000 for each person, and $ 300,000 for the accident.
If your tire blows out, your insurance will not pay for it, but if it & # 39; s blown out in the course of an accident, it qualifies for reimbursement. I will not deprement (or simply an alternative valuation) I will not have a payment for the car, If you have a collectible vehicle, you are a collective vehicle. If you have a collectible vehicle, you should not be a factor at all. , there are better ways to get cheap motor insurance.
