Full Coverage Car Insurance Quotes
Start reading our guide on full coverage auto insurance from the beginning, or skip to the section of your choosing by using our page navigation links below:
What is full coverage car insurance? Full coverage auto insurance explained
What are the laws regarding full coverage car insurance? Is full coverage required or just recommended?
Which companies offer full coverage auto insurance? What are their coverage types?
How do you find cheap auto insurance quotes? Is there such thing as affordable full coverage auto insurance?
Additional information regarding full coverage auto insurance
Learn more about full coverage car insurance by reading our guide below.
What is full coverage car insurance?
To be honest, legally speaking, there is no such thing as “full coverage car insurance” or “full coverage auto insurance.” The reason for this is because there are so many unforeseen disasters or unknown events that could occur that is makes it literally impossible to insure against everything. Therefore, when you hear somebody say that they are “fully covered” or that they have full coverage auto insurance, know that they are probably referring to something else.
Most likely, when you hear the term “full coverage” in reference to car or auto insurance, it means that their insurance policy includes both collision and comprehensive coverage in addition to their required-by-law liability coverage. If you are unsure about what these terms mean, let me explain:
Collision Coverage covers damage to your automobile in the event of an accident. It does not cover damage to other vehicles or other property. So, if you get into a collision, collision coverage will pay for the damage done to only YOUR automobile. Read more about collision coverage here.
Comprehensive Coverage will cover damage done to your vehicle that was not sustained during an accident. Some examples of things covered by comprehensive coverage are vandalism, theft, and natural disasters. Because it covers things not caused by collisions, it is also sometimes known as OTC or “other-than-collision” coverage. Read more about comprehensive coverage here.
Liability Coverage covers damage to other vehicles, property, and injuries to other people in the event of an accident. Some form of liability insurance is required by law in all fifty states in the USA. It is often broken down into two specific types of coverage – bodily injury liability (which covers injuries and death for which you are held responsible) and property damage liability (which covers other property damage for which you are held responsible). Read more about liability coverage here.
So, to re-cap, full coverage car insurance usually refers to an auto insurance policy that includes collision coverage, comprehensive coverage, and liability coverage. In legal terms, however, there is no such thing as “full coverage.” There are always some strange events that could take place that could do damage to your vehicle that the car insurance company will not pay for.
Often times, policyholders become upset when insurance companies refuse to pay for damages even though they thought they were fully covered. Because we do not want to mislead you, when you see the phrase “full coverage car insurance” on our site at forautoinsurancequotes.com, just realize that it only refers to a car insurance policy that includes collision coverage, comprehensive coverage, and liability coverage. Although these three coverage types will cover just about 99% of the accidents that could occur on the road, know that it is not “full coverage” in the literal or legal sense.
Is full coverage car insurance required-by-law?
Full coverage car insurance is recommended by most states, but it is not legally required. Like mentioned before, all states have minimum coverage laws for liability coverage. When it comes to other types of coverage like comprehensive and collision, however, the law does not always require them. To see the minimum coverage laws for your state, take a look at this chart, here.
The rules are often different, however, if your car is leased or financed. All leasing agents and lenders have different requirements when it comes to coverage required, but most of them DO require both comprehensive and collision coverage. In addition, they probably will also require liability coverage that exceeds the amount required by your state. The reason more coverage is required for leased or financed vehicles is because the lenders need to protect their interests as well as yours.
As you can see, full coverage car insurance laws vary greatly and really depend on your situation. It is a good idea, however, to get as much insurance as you can possibly afford. By rule of thumb, if your car’s ACV (actual cash value) is greater than two to three times your deductible (the amount you must pay for repairs before the insurance company pays the rest), full coverage is recommended. What this does is make it so that if you get into an accident, you can avoid having to pay an amount that exceeds the value of your actual car.
Which companies offer full coverage auto insurance?
As stated above, “full coverage auto insurance” refers to an insurance policy that includes liability, collision, and comprehensive coverage. Most, if not all, automobile insurance providers in the United States provide these types of coverage. Speaking with your insurance agent and reading through the fine print of your insurance policy are both good ways to know what you are covered for and what you are not.
Some insurance provders in the United States that offer full coverage policies include:
Allstate – Allstate’s coverage options include liability coverage, medical payments coverage, underinsured/uninsured motorist coverage, collision coverage, and comprehensive coverage. Additional car insurance coverage options provided by them are personal injury protection, towing and labor costs coverage, rental reimbursement coverage, and sound system coverage.
GEICO – GEICO has seven primary insurance coverage types. They are: bodily injury liability, personal injury protection coverage, uninsured motorists coverage, comprehensive physical damage coverage, collision coverage, property damage liability, and rental reimbursement.
Nationwide – Nationwide’s auto insurance options include liability coverage, collision coverage, comprehensive car insurance, uninsured motorist insurance, underinsured motorist insurance, medical payments coverage, personal injury protection insurance, accident forgiveness, gap insurance, roadside assistance, towing and labor insurance, as well as rental reimbursement insurance.
Progressive – Progressive’s auto insurance coverage types include bodily injury and property damage liability, comprehensive and collision, uninsured/underinsured motorist, loan/lease payoff, medical payments, custom parts and equipemtns/accessory coverage, rental reimbursement, roadside assistance, and pet injury coverage.
Liberty Mutual – Liberty Mutual’s auto insurance coverages include: liability, medical payments/personal injury protection, uninsured/underinsured motorists, collision, comprehensive, better car replacement, unlimited rental coverage, mechanical parts replacement, and car windshield repairs.
Insurance Panda – An auto insurance policy with Insurance Panda can include the following coverage types: bodily injury liability, property damage liability, personal injury protection, medical payments, collision, comprehensive, uninsured motorist, underinsured motorist, rental reimbursement, and emergency road service.
Other popular insurance companies in the United States that offer full coverage car insurance are Safeco, Esurance, 21 st Century, AAA, and USAA.
How to get full coverage car insurance quotes
Getting the best auto insurance rates requires some shopping around, of course. Thankfully, with the advent of the internet, full coverage auto insurance quotes are now very easy to get. Let’s explain how…
To get the best quotes from the most reliable insurance companies, all you need to do is to go to an auto insurance quotes website (like forautoinsurancequotes.com) and fill out a form. These forms are usually very short and easy to fill out. They will most likely ask you for the following information about your car:
The make and model of your vehicle
The year of your vehicle
An estimate of your annual mileage
The primary use of your vehicle
In addition, they will ask you for some information about the primary driver, such as:
Name and address
After gathering this information, insurance companies will calculate your rates. The most important factors that insurance companies use to determine your auto insurance quotes are your age, driving history (violations and accidents), vehicle type, and how often you drive. Of course, even if you do not score well on some of these factors that affect your premiums, that does not mean that you will definitely pay a lot for full coverage auto insurance. It simply means that you need to compare quotes until you find the cheapest possible option. Thankfully, the internet makes this easy.
To begin comparing quotes, scroll back up to the top of this page and enter your zip code. After filling out our brief two page form, you will be presented with quotes from the top insurance providers.