Is There Full Coverage Auto Insurance?

Full coverage auto insurance is practically nonexistent.  However, this term is usually used to describe the combination of physical damage coverage and state required coverage.  There are many types of physical damage coverage policies including comprehensive insurance and collision insurance.  Sometimes agents will use full coverage auto insurance as a way to describe one of a few types of policies beyond collision and comprehensive insurance such as bodily injury, first party auto insurance coverage, medical payment coverage, property damage, rental reimbursement, third party auto coverage, towing and roadside assistance, underinsured motorist coverage and uninsured motorist coverage.

Each of these different policies covers a different part of the driving process.   While some may only protect the costs it takes to repair or replace a car in the event of an accident or act of nature, others will cover the driver and/or others in the car for medical expenses or liability.  For instance, collision will cover the costs of damage to the vehicle if it collides with another object.  Comprehensive insurance covers all other events besides collision such as fire, theft, vandalism and weather damage.

On the other hand, medical payment coverage covers an insured driver and his or her passengers’ injury medical payments if there is a loss.  Bodily injury coverage is actually a bit better rounded as it is for medical bills for the insured driver and other damages to the other driver and his or her passengers if the insured driver is at fault.

Mandatory coverage is liability coverage required by state law.  In most states, drivers are required only a minimum of coverage such as injury to the other driver as well as property damage the at-fault driver causes.  Optional coverage includes one’s own potential damage or risks.  This coverage is not mandated by state law.

There are other types of insurance that falls out of bounds of full coverage auto insurance that one should consider, especially for special circumstances.  For example, parents with teenagers taking drivers education may want to look into learner driver insurance.  This short term insurance tends to be relatively inexpensive since these drivers are younger, eager to learn and not as likely to drive recklessly although they do pose some risks.  This insurance can cover different aspects such as the driving lessons especially if they are done in a private car and/or the driving school car.  Insurance for learning drivers may be paid for by the week or may even be a monthly car insurance policy.

Drivers can also look into female car insurance.  Many insurance companies offer discounts to female drivers or just specialize in insurance policies for women.  Many of these companies may offer policies that cover child seat protection that protects accessories such as car seats and strollers.  Insurance companies realize that women have extra money to spare on car insurance since they typically are less risky drivers.  Furthermore, women make less insurance claims than men so they are considered a better risk.