You may have heard the term ‘full coverage’ when talking about auto insurance, however what exactly does it mean? Full coverage typically refers to a combination of collision, comprehensive and liability insurance.
Pays to repair or replace your car if you collide with another car or object like a tree or a fence.
Covers repair costs from events beyond your control like a tree branch falling on your car, theft or vandalism.
Property Damage Liability
Liability means it only pays towards other people. This includes repairing the other party’s vehicle and other property damage to objects like buildings, fences and signal lights.
Bodily Injury Liability
This is the most important coverage on your auto policy. This covers medical expenses, lost wages and legal fees, as well as pain and suffering as a result of an accident you are at-fault for.
Uninsured Motorist Bodily Injury
Pays for reasonable medical expenses, pain and suffering and loss of earnings for injuries to the driver and passengers that result from the accident.
Uninsured Motorist Property Damage
Provides up to $3,500 for repairs to your car when the loss is caused by an uninsured motorist. This is most commonly used on lower value cars that do NOT have collision coverage.
Collision Deductible Waiver
Waives your collision deductible when you have a loss as a result of an uninsured driver. This is recommend to have when you have collision coverage.
Medical Payments coverage
Helps to cover medical expenses arising from a covered collision, regardless of who is at fault.
Reach out to us at Thousand Oaks Insurance if you have any questions or concerns in regards to your auto insurance. You may be paying too much or not be properly covered. Click here for our online quoting portal.