Full coverage auto insurance sounds like a perfect insurance for your car. The reason is your car will get the full protection from many different things. So, getting one of this insurance is a must, if you are really valued your car. Car as best investment will be better with best insurance as well. But, the question here, is auto insurance with full coverage really existed?
The Simple Answer
The simple answer would be no. there are no company that have guts to give their client all coverage with their insurance product. If they did that, there is high risk that they will lose lot of money, because they need to pay every damage or problem that their client’s car have. So, by looking at this simple answer, you can’t expect to get or find it anywhere.
So, What Is Full Coverage Auto Insurance?
The “full coverage” term here means that insurance provide comprehensive and physical damage coverage. The physical damage coverage will protect your car from damage that you got from collision. For example, other car hit yours or you got accident and your car hit something that damages its body. The comprehensive coverage is protection from action that can make you or your car lose of its value, for example, vandalism, theft and other. And insurance company won’t give you all protection in each category. They have limit and detail what kinds of damage that they can cover.
How to Use It?
It’s simple. You just need to inform your insurance company about what happen to you. It could be accident with other car or something falls on your car. And of course, they will see whose fault in this accident. If it’s other people, they will give you the comprehensive claim, but if you are the one at fault here, it could be collision claim. It depends on the policy that they issued before.
Is It Necessary?
This is tricky question, actually. You can see it that you don’t need that much protection for your car, especially if you are experienced driver. But you don’t know what will happen in the future. More than that, your insurance agent might recommend it. Basically, you need to see your financial condition first. If it can hold it, you need not to hesitate. Just get it. But, if it can’t give you ease in mind, you can always to put it in hold so, and you can get it later when you need full coverage auto insurance.