What Is “Full Coverage”?

When I sit down with a new client and ask the question, “Do you have full coverage?” the response I tend to hear 95% of the time is, “Yes!” Most people are unaware of the extent of their automobile insurance coverage. Many think they carry “full coverage” on their car insurance policy; however, in reality, there is no such thing as full-coverage auto insurance.

A full-coverage policy is typically one that includes several types of car insurance coverage that,as a whole, provides a solid level of protection in case of an accident. Most individuals think of full coverage as a policy that combines the following:

• State-required liability coverage to cover bodily injury and property damages to others an accident you cause.
• Collision coverage to pay for damages to your vehicle in the event of an accident
• Comprehensive coverage, which is designed to cover vandalism, theft, and other damages that are not the result of an accident

Having what amounts to a full-coverage auto insurance policy does not necessarily mean that you have full protection Depending on your circumstances and the circumstances of the car crash at issue, you could still be exposed to personal financial risk. To ensure you have comprehensive insurance coverage consider adding:

• Uninsured motorist protection– This helps you cover your costs if you get hit by a with no insurance.
• Underinsured motorist protection– This will help pay your costs if the other driver insufficient insurance coverage limits.
• Medical payments coverage– You can use this coverage to pay for your medical after a car accident, even if you were at fault.

The attorneys at McCutchen Napurano - The Law Firm have years of experience regarding automobile accidents, serious injury, wrongful deaths, and disputes involving insurance coverages. Please call us for a free consultation at (479) 783-0036 if you or someone you love needs legal advice regarding these matters.