What Types of Coverages Can You Get with Full Coverage Car Insurance?

Car Insurance

Full coverage typically refers to a driver carrying both liability coverage and coverages for physical damages – such as comprehensive and collision. Many people mistakenly believe that when they have full coverage car insurance, they are 100% covered – regardless of what situation occurs and in all situations.

The truth of the matter is, no insurer is capable of providing a policy this extensive. The good news is, there are many types of coverages available with full coverage insurance.

This will allow you to customize the coverages that you have for you, those within your family, as well as the vehicle that you own. 

Liability Coverage 

Liability Coverage is a type of coverage that pays for any damages and/or injuries that occur to others when you are at-fault in a vehicle accident. If someone decides to sue you, it also covers the costs associated with the lawsuit – up to the limits associated with the policy. 

Comprehensive Coverage 

Comprehensive Coverage pays to repair or replace your vehicle – over the deductible that you have – if it is damaged or it is completely totaled due to any type of situation that is out of your control. Examples of such situations include theft, weather-based issues, fire, vandalism, hitting a type of animal, or breakage of glass. 

Collision Coverage 

Collision Coverage pays for either the repair or the replacement of the vehicle if it collides with any type of object, after the deductible is paid. This includes another vehicle, a motorcycle, a guardrail, etc. and it does not matter who is at fault. 

Uninsured/Underinsured Motorist Coverage 

The Uninsured/Underinsured Motorist Coverage has specific limits. It pays for damage to your vehicle or injuries if someone hits you that does not have enough coverage or has no car insurance. 

Medical Payments 

If you have full coverage car insurance, it is in your best interest to obtain Medical Payments Coverage. If you are in any type of accident, this will cover the medical bills that you have and even funeral expenses.

This will also cover family members that are in the vehicle at the time of the accident or other passengers. There are some situations where Personal Injury Protection will cover medical payments and it is not necessary to purchase additional Medical Payments Coverage. 

Loan or Lease Payoff Coverage 

If you are paying on your vehicle, Loan or Lease Payoff Coverage will help cover the difference between that which is owed and that which it was worth – prior to being totaled in an accident – and in the amount of up to a total of 25%, depending on the state where you reside. 

Additional Coverages 

In addition to the coverages listed above, you may also add Rental Car Reimbursement and Roadside Assistance to your full coverage car insurance. The first will reimburse the amount you pay for a rental car while yours is being repaired.

The second helps if your vehicle becomes disabled. It will typically provide towing within a span of 15 miles. It also includes the battery being jumped, the delivery of gas, flat tire changes, a locksmith service, and more.

For additional coverage information for full coverage car insurance, contact us here at Modica Associates today by calling: 718-855-1836

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