2 Advantages Of Having Full Coverage Insurance On Your Car

If you have recently purchased a vehicle, you may be in the process of getting insurance quotes for it. Since you paid the price of the vehicle in full and are not required to carry full comprehensive and collision coverage, you may be tempted to try to save money on the premiums and go only with the bare minimum.

However, if you only have the bare minimum coverage on your car, there could be situations that could come up that will make you responsible for paying for any damage done to your car. Below are a couple of those special situations where it is advantageous to have a full coverage insurance policy on your vehicle.

1. Your Car Is Covered for Damage Sustained Even If It Was Not Involved in an Auto Accident

One advantage to having full coverage on your vehicle is that your car is covered for all types of damage. When you only have a basic policy, the insurance company will typically pay for damages that are sustained in an auto accident. 

If your car has a tree fall on it or someone breaks a window trying to steal something, you would be liable for paying the repair bill. However, full coverage comes with a comprehensive package that will cover incidents outside of the scope of an accident.

2. Your Coverage Helps Protect You from Other Drivers Who Do Not Carry Any Insurance

Another reason why you should carry full coverage on your car even if you are not required to by law is that it helps protect you from other drivers that have no insurance. If you are involved in an accident with an uninsured motorist, you will find it very difficult to receive any compensation for the damage if you are able to receive any at all.

However, with the comprehensive collision insurance package that comes with a full coverage policy, the insurance company will cover the damages that should have been paid by the other driver.

If you only carry the bare minimum coverage on your vehicle, you will be responsible for any damage outside of that sustained in an accident. You would also find yourself having to pay the repair bill if you were in an accident with an uninsured motorist. However, when you have full coverage, these things are covered so you do not have to worry about being stuck with having to pay for the damage. For more information about full coverage auto insurance, contact an insurance company and speak to an agent.