Generally, full coverage car insurance includes collision, liability, and comprehensive coverage. However, it will depend on the type of vehicle you have, what you are going to use it for (work, leisure, rental), and the insurance company.
Bear in mind that most States will ask you to have liability, comprehensive, and collision coverage if you lease or finance your car. So, it is not just about the State or the insurance, but also about the way you buy your vehicle.
Car Insurance Explained
For example, if you have never had car insurance, you need to know that liability coverage is to cover the damage to other people’s property as well as they injuries you may have caused them while driving. So, when you are at fault in a car crash.
In order to pay for damage to your own vehicle, you will need collision coverage. In this case, it does not matter who is guilty or at fault. What is more, let’s not forget about the basics of comprehensive coverage.
It covers the damage to your car from a non-accident happening. For example, if you park your car and when you come back someone has broken into your vehicle. Besides, it is also essential when there is a natural disaster or it is vandalized.
Car insurance: uninsured or underinsured motorist coverage
As you can see car insurance has a lot of things to take into consideration. Unisured or underinsured motorist coverage is also an important thing. Many people do not have car insurance or it has little coverage.
In this case, you will be protected if you have an accident and the other driver is in this situation. Other things to consider are:
- State requirements
- Vehicle value
- Deductibles
- Premium and your budget
- Discounts you may qualify for
- Insurance company reputation
- Gap insurance