Full Coverage Is Not a Magic All-Inclusive Coverage

Category: Money

Similar to the confusion that the word “comprehensive” coverage causes for many, some think that full coverage is also going to provide this magical coverage that will make it so that all aspects of their vehicles are fully insured.

Again, while this would be nice, it’s not realistic.

Full coverage refers to an auto insurance policy where you have comprehensive, collision and liability insurances applied. However, even with those on your policy, there are going to be gaps. So keep that in mind when choosing and mix and matching your policy.