What Does It Mean to Have Full Coverage for Insurance?

Insurance policies can’t anticipate and cover every potential situation, but full coverage will cover most of the common ones. Read on to learn more about full coverage car insurance in Tampa, FL and what having this type of coverage actually means for you.

What is full coverage?

Full coverage itself isn’t a type of policy but the bundling of different types of insurance. Typically, full coverage includes liability, comprehensive and collision insurance. Liability insurance is required by law for most states, but the policyholder can usually determine their own amount of comprehensive and collision coverage. Additional coverages can also be included at the discretion of the customer, depending on their own needs and concerns.

Liability covers damage that you might cause to others if you’re found at fault. Collision covers damage to your own vehicle that’s due to collisions, whereas comprehensive covers damage that is not due to collision. A general rule of thumb is that collision covers incidents in which the vehicle was moving, while comprehensive covers incidents in which the vehicle was not moving. Because of their complementary nature, collision and comprehensive coverage are usually packaged together so that your vehicle is protected for both collision and non-collision related damages.

What full coverage pays for

Full coverage will vary among different policyholders, but there are several typical commonalities. Full coverage may cover the damage that you cause to others, along with possible medical treatment for you and your passengers. It also covers damage to your vehicle due to collisions, natural disasters or theft. If the other driver in a collision is uninsured, full coverage may pay for the damage to your vehicle, as well as the injuries sustained by you and your passengers. Full coverage sometimes also includes rental reimbursement if a rental car is required.

It’s also important to note the conditions of coverage. You may be required to pay a deductible before the insurance will pay your claim, but you’re also able to determine this amount of deductible when you’re choosing your coverage. The coverage will also have a maximum limit that can be claimed. If the limit is exceeded, then the insured policyholder will have to pay the rest out of pocket.

What full coverage doesn’t pay for

Full coverage might not cover a personal vehicle being used for business purposes, such as rideshares or deliveries. Full coverage also typically does not include damage due to reckless behavior, such as street racing, off-road driving or intentional damage. Lastly, full coverage excludes rare catastrophes like wars, as well as destruction or confiscation by the government.

Looking for car insurance in Tampa, FL? Affordable Car Insurance Tampa provides all of our valued customers with great protection at even better prices. No matter what your credit score, accident history or limited budget may be, we’ll scour the market for the best policies from trusted insurers to fit your unique needs. Contact us today to learn more about the options we can offer you and get a free quote.