Full coverage car insurance is a very generic description for an insurance policy that includes liability coverage, but also physical damage to the car as well. There are also multiple other coverage’s that can be included like rental car coverage, towing coverage, and uninsured motorist coverage to name a few. On top of different coverage’s there are also different dollar limits on these coverage’s and on your deductibles as well. When you are in the market for insurance make sure the quotes you are getting are an apple’s to apple’s comparison, which means the coverage amounts and deductible amounts are the same. 

Many times the reason one company can save you money on your insurance is because the coverage amounts quoted have been decreased. You can get two full coverage quotes, but one might have a 1,000 dollar deductible and one might be a 100 dollar deductible. Both would be considered full coverage but the amount you’re out of pocket would be considerably lower with the 100 dollar deductible if you have a claim. Before you switch insurance companies because you have found cheaper coverage with another company, double check and make sure it’s a comparable quote. Before you switch companies because of price call your existing car insurance agent or insurance company and ask for an updated quote with the lower coverage’s.  

Full coverage insurance is a term that has multiple interpretations, because there are so many variables that go into a policy.  In Texas for example, the required minimum liability limits are only 25,000 dollars, but many cars on the road today are worth considerably more than that.  You could be in collision with a brand new Mercedes that cost 75,000 dollars, and your policy will only pay 25,000 dollars, and would be responsible for the other 50,000 dollars.  All policies are different so take the time and review it before you switch for a couple of dollars a month.

Important Disclaimer: Article Comments provided by the author are for general information purposes only and are not intended to substitute for informed professional advice. The comments or views expressed by the author are his alone. The author will not be held responsible for any claim, loss, or damages as a result of any information accessed through this article. The opinions are the authors alone and not of any company or companies that the author might be associated with.

Tony R. Jones has been involved the in casualty insurance business for the last 20 years. Operating an agency in the Dallas Fort Worth market for the largest auto and insurance company in the U.S. has given Tony a wealth of knowledge on almost every aspect of casualty insurance. Tony is a master of taking a complex subject like insurance and making it easy to understand. Visit him for more information concerning insurance discounts at http://insurancediscountexpert.com