What is the difference between liability versus full coverage for auto insurance?

Answer 1

There is no such thing as "Full coverage". People using that term has created a myriad of confusion and anger when the time comes for an accident. Everyone's perceptions of full coverage is different. It is dangerous to assume you know what full coverage is only to find when you get into an accident that you just asked for "full coverage" and failed to select some of the options you would have wanted.

Some people think that Comp, Collision, PD and BI makes up a "full coverage" policy. While others expect to have those listed above plus Rental, Roadside Assistance, GAP, Medpay, etc. to be considered fully covered.

Above and beyond Liability, there are numerous options in protecting yourself:

Collision (Coll): Covers your vehicle's damage when an unexpected collision occurs. You are responsible to cover damage only up to the deductible amount you have selected and the insurance will pick up the rest up to the Actual Cash Value of the car. Once the damage surpasses that threshold, the vehicle is considered a "total loss"

Comprehensive (Comp): Thefts, Vandalism, Animal hits, hail storms, etc...This will not cover standard wear and tear on the car such as paint oxidation and sun damage.

Bodily Injury (BI) : Protects you from a lawsuit after you've injured someone in an accident.

Property Damage (PD): Covers damage to another car, house, fence, stop sign, etc. when you are at fault for the damage done to it relating to a collision.

Rental : Pays for or reimburses you for a replacement rental while a covered vehicle is out of commission for a covered loss (Collision or Comp claim)

Medpay: Covers accident related medical bills to everyone in the covered vehicle no matter who is at fault, up to the chosen limit.

Uninsured Motorist Bodily Injury (UMBI): Assists with injuries in your car, should they be the fault of an uninsured driver. If Medpay is on the policy, you may not need to activate this coverage for smaller injuries.

Uninsured Motorist Property Damage (UMPD)***: This is commonly confused when people assume it is the same as UMBI. It must be selected separately. It will cover damages to your vehicle for up to the limit. If you already pay for Collision coverage and were hit by an uninsured driver who was at fault, this should cover your deductible so you pay nothing.

Answer 2

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Answer 3

Liability is to cover damage to others, full coverage includes damage to your vehicle and may include medical costs. Check with you insurance carrier as to details and ask a lot of questions to be sure and understand what is covered for the $

Answer 4

if you have a rather new vehicle, full coverage will pay to keep your car in good shape should you end up in an accident and most of these policies give you money in the event of loss like theft, fire, flooding, etc.
the car i have (my first) is liability only. its about 13 years old and i have gotten it banged up a few times and im not too worried about it being stolen. it doesn't look pretty but it drives well and thats all i'm concerned about.

Answer 5

Liabillity means you only pay for the other guys damage, not your own damages. Full coverage means your car and the other guy is insured

Merry Christmas!

Answer 6

liability just covers the other person,and doesn't cover your vehicle at all ,full coverage does cover you and the other person on everything,this is the best to have if you can afford it,,its usually real high,,but it will cover everything,right down to a door ding,,good luck hope this help,s.,,have a good x-mas.

Answer 7

Liabilitiy pays for the people you hit.

Full coverages pays for damages to your car.

Answer 8

lia---others

comp-full cov yours..