Is there such a thing as “full coverage” when it comes to insurance?

“Full coverage” in insurance is a commonly used term, but it can be a bit misleading because it doesn’t mean complete protection against all possible risks. What “full coverage” usually refers to in the context of car insurance is a combination of the following types of coverage:

1. Liability Insurance (required in most states): Covers damages and injuries to others if you’re at fault in an accident.
2. Collision Coverage: Pays for damage to your own vehicle in case of an accident, regardless of fault.
3. Comprehensive Coverage: Covers non-collision incidents like theft, vandalism, weather damage (e.g., hail), or hitting an animal.
4. Uninsured/Underinsured Motorist Coverage: Protects you if you’re hit by someone who doesn’t have enough insurance or no insurance at all.
5. Medical Payments/Personal Injury Protection (PIP): Covers medical bills for you and your passengers, no matter who’s at fault.

Even with these coverages, there are still certain situations that “full coverage” might not protect against, such as natural disasters, wear-and-tear, or damage caused by negligence that exceeds your policy limits.

For other types of insurance, like health, home, or life, “full coverage” is a term people sometimes use to describe a comprehensive plan, but it’s important to look closely at the details of what is covered and what isn’t.

So, while “full coverage” provides broad protection, it’s important to understand exactly what is included in your policy and consider if it truly meets your needs.

If you have any questions on what your insurance policy does and does not cover, contact us today at (425)212-3505.