Full coverage vehicle insurance can be tricky. It’s important to understand what your policy covers or doesn’t. Full coverage insurance will not protect you if you are involved in a collision with an uninsured/underinsured motorist or underinsured driver.
Insurers use the term “full coverage” to convey a sense of security that no matter what happened, they’re going to take care of it.
Unfortunately, the term itself is misleading and most insurers don’t take the time to fully explain the range of coverages that are available to you. Full coverage means that you have state-mandated liability in case you cause a collision and that you also have comprehensive collision coverage to take care of your vehicle in the event that it is stolen, damaged in a storm, or involved in a collision. However, full coverage doesn’t protect you in the event that you are hit by an uninsured/underinsured motorist or underinsured driver. It doesn’t cover your medical expenses, doesn’t provide you with a rental vehicle, or covers the cost of towing. If you’ve been injured in a motor vehicle accident, it’s important to consult with an attorney about what your insurance policy covers, but more importantly, what it doesn’t, and better yet, before you purchase an insurance policy visit with one of our experienced insurance attorneys to know what coverages really provide and what will fit your wants and needs. When you think insurance, think Fulmer Sill.