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What is considered full coverage auto insurance?
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6th May 2010 by Gary B
Full coverage auto insurance is somewhat of a misleading term, as in reality there isn't a type of insurance on your vehicle which covers any eventuality. Full coverage really refers to insurance which covers your auto if there is any physical damage incurred. Under full coverage there is comprehensive and collision coverage for a vehicle. Collision insurance pays for damage to your vehicle if you hit another vehicle or object. Comprehensive coverage covers theft, vandalism or if glass on the vehicle breaks. People usually think of full coverage as including liability and physical damage.
Full coverage auto insurance is somewhat of a misleading term, as in reality there isn't a type of insurance on your vehicle which covers any eventuality. Full coverage really refers to insurance which covers your auto if there is any physical damage incurred. Under full coverage there is comprehensive and collision coverage for a vehicle. Collision insurance pays for damage to your vehicle if you hit another vehicle or object. Comprehensive coverage covers theft, vandalism or if glass on the vehicle breaks. People usually think of full coverage as including liability and physical damage.
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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
26th Oct 2009 In Insurance
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