Many people are confused by the term ‘full coverage auto insurance’, either thinking that it means that all repairs are paid by the insurance company, or not being aware of what the coverage exactly is. ‘Full coverage auto insurance’ refers to auto insurance that covers all kinds of physical damage, for example if your car collides with another one on the road, gets vandalized or damaged in a calamity such as a hailstorm.
Full coverage auto insurance differs from other kinds of auto insurance because the coverage is for the insured vehicle. It means that if your car is damaged because of an accident, damages that have to be repaired are covered. Full coverage auto insurance usually includes also Towing and Roadside Assistance (in most cases 24 hours) and Medical Payment Coverage if the drive and the passengers are injured in an accident. Even if the accident is caused by an uninsured or underinsured driver, the coverage is available.
Full coverage is fundamental for all who own their car indirectly – the lender will require full coverage insurance to protect the investment.
In case you get into an accident and have full coverage auto insurance, you have to wait for some time until the police officers write a report on the accident. Then contact your insurer as early as possible in order to write an insurance claim. When you submit the claim, it is being processed by the insurance company. You should find a workshop approved by your insurer where you can have your car repaired and thus the only thing you will have to care about is your deductible – the amount of money that must be spent on repairs before the company finances them.
Full coverage auto insurance can be very useful if the customer is aware of all requirements it has and the conveniences it provides.