Liability vs. Full-Coverage Car Insurance

Just because you have car insurance, doesn't mean you're covered for every type of damage that could occur to your vehicle. Most car insurance policies fall under the labels of liability coverage or full coverage. Here is an explanation of liability and full coverage car insurance to help you decide which type is right for you.

Liability Covers the Other Driver's Costs

Liability insurance is usually the minimum coverage that is required by law. This type of car insurance is desirable for both parties involved in an accident, but it will not pay for any damages to your vehicle if you are found to be at fault. Instead, liability insurance protects you from having to pay out of pocket for damages to the other driver's vehicle.

Some insurance providers offer liability coverage that will also pay for the other driver's medical bills if you are responsible for an accident that causes them injury. Details such as maximum property damage coverage, maximum medical coverage limit, and medical coverage limit per person involved are all factors that you should consider when choosing a liability insurance plan.

Full Coverage Pays for Your Vehicle

If you are looking for car insurance that will help you with repairing or replacing your vehicle after an accident, you should opt for full coverage. Full coverage policies include liability insurance, as well as coverage for damages to your own vehicle. Full coverage insurance can also help you pay for your medical bills after an accident. This includes the cost of your hospital stay, surgeries, rehabilitation, and prescribed medications.

The deductible is one of the most important things you must consider when you are choosing full coverage insurance. This is the amount that you will have to pay out of pocket for your vehicle damages before your insurance will provide assistance. While you should never choose a deductible that would be out of your budget if an accident occurred, full coverage plans with higher deductibles are typically less expensive per month than those with lower deductibles.

Off-Road Damages

Unfortunately, collisions on the road are not the only events that can cause damage to your vehicle. A full coverage insurance plan will protect your vehicle from many incidents that can occur off the road. Fire, hail, and water damage repairs are expenses that full coverage insurance plans will typically provide assistance with.

Full coverage insurance plans will also protect your vehicle from damages caused by theft and vandalism. The higher the crime rate in the area that you park your vehicle, the more important it becomes to choose a full coverage insurance plan. This is especially true if you do not have a garage to park your vehicle in, as this makes it much easier for thieves to break into or steal your vehicle.

Optional Coverage Types

Many insurers provide a number of extra features that you can opt into to enhance your car insurance coverage. Breakdown assistance is one common option to consider that can save you a lot of trouble if you are ever stranded on the side of the road. Insurers can provide such services as towing your vehicle for you or covering the costs of a third party towing service. Some insurers will even provide overnight accommodation or a temporary vehicle.

Another optional car insurance feature to be aware of is windshield coverage. Windshield coverage is essentially a separate insurance plan for your windshield with a lower deductible. Flying rocks and other debris can easily damage your windshield without damaging the rest of your vehicle, so repairing your windshield through a windshield coverage plan can be much more affordable than a claim against your full coverage insurance.

While liability insurance will allow you to drive legally, there are several compelling reasons to choose full coverage insurance. To learn more about your options, contact services like McHugh Insurance.