Full Coverage Versus Liability Car Insurance
Reader’s Question:
I want to know the difference between a full coverage and liability.
Mia
Chicago IL
You need to listen very carefully when agents use the term full coverage. When you say Full Coverage, it means that your vehicle is covered by the required liability, collision and comprehensive coverage. It denotes that the value of any damage to your vehicle will be covered by the insurance company. The Liability coverage means that you are covered for any damage your car do to others, damage that you are responsible for and with out the liability coverage, the pay will be coming from your own pocket. This will amount from hundreds to thousand dollars depending on the damage you made. Collision coverage makes sure that you are covered for damages in your car that you are responsible for like getting in an accident while comprehensive coverage covers different kinds of damage that you do note have any control of like fire, theft, falling trees and even hitting animals.
Insurance companies offer different kinds of liability coverage. Some only covers body injury or damage to property but still this will depend on the insurance company. Most states will require both. This will allow you to be protected.
Liability coverage will pay for the injury and the damage expenses you caused other especially if you are responsible for these. The injuries will cover hospital bills and possible the lost wages of that person. The damage expenses or Property Damage will cover you if you caused damage to other property. Usually it’s another car that you got into an accident with but it could also be a house, a mailbox, or even a garden.
You must remember that most states allows driver to sue other drivers who injured them in car accidents and the liability coverage has limits. Your liability coverage may not be enough to cover you for the damages you cased other people or other properties.