Right now I just have liability. I want to know what are the limits needed to be considered to have 'full coverage'.
2006-08-01 07:37:02 · 6 answers · asked by tstime 1 in Cars & Transportation ➔ Insurance & Registration
full coverage----
liability---property damage and bodily injury (choose your limits wisely)---if you are at fault for an accident
collision---repairs your vehicle regardless of fault (less your deductable)
comprehensive---repairs vehicle in the event of theft, vandalism, fire, flood, and misc occurances that are not considered collision (be aware of exclusions for upgraded or aftermarket equipment)
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does not included
rental car
your medical expenses
uninsured collision (bodily inj)
uninsured collision (property dmg)
contents of vehicle
2006-08-04 18:47:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Good question. The term full coverage can be a little tricky, especially since insurance companies are shady. Full coverage "usually" means that your are covered in case of any accident. Regardless, if you or the other driver were at fault. But, I have heard of people having full coverage and them not being covered when an uninsured motorist hit them. Full coverage also covers property that is damaged in an accident. This means street signs, plants in the median, as well as residential property. Good luck.
Andy
2006-08-04 01:43:09 · answer #2 · answered by Andy 3 · 0⤊ 0⤋
It is not just the limits. Full coverage means that your vehicle is also covered regardless of who is at fault. With liability, if you cause a wreck, you don't get a penny. Your car and medical bills are your problem. Liability only covers the other person.
2006-08-01 14:41:16 · answer #3 · answered by Mike Hunt 5 · 0⤊ 0⤋
Liability covers someone else's car if you hit them. You don't get any money to fix your own car. Full coverage protects others and yourself. If your in an accident your car will be fixed as well as the car you hit. Most insurance companies won't fully insure older cars. When you finance a car, the finance company requires that you have full insurance to protect their collateral.
2006-08-01 16:44:07 · answer #4 · answered by brandiwine72 3 · 0⤊ 0⤋
Full coverage will always cover your vehicle no matter if you are in a one or multiple car accident, and also it will cover yours and the other persons no matter who caused the accident.
2006-08-01 14:42:31 · answer #5 · answered by ROCK 3 · 0⤊ 0⤋
Automobile liability with both collision and comprehensive (other than collision) coverage
2006-08-01 14:41:57 · answer #6 · answered by Final Answer 3 · 0⤊ 0⤋