People who rather be safe than sorry, generally try to protect themselves and their property. This is why you have full coverage auto insurance. It is great to have in case problems such as natural disasters, theft or something else happens to your vehicle. The issue with full coverage insurance is that some people are not aware of what it will actually cover. In other cases, they may think their vehicle is being covered for something that happened and it is not. At the same time, buying it can usually be cumbersome, time consuming and costly. More so if you don’t shop around to find the best prices for you.

It is important for folks to remember that insurance policies differ. Additionally, there is no one policy which can cover every circumstance or issue that happens to you or your vehicle. However, the right policy can take care of the most important or crucial matters. Besides covering you for the theft, natural disasters, collisions and other problems, full coverage does more. It also protects you from lawsuits someone may want to file against you.

Full coverage is appropriated according to factors such as your risk profile, income, assets and other criteria. It is a mantra put in place to keep the individual(s) covered so an incident or accident does not destroy you financially. Unlike liability insurance which is mandatory, full coverage is not. Yet it is an additional part of it such as collision and comprehensive.

According to data, $250,000 is the highest liability limit per person when it comes to bodily injury. There is a $100,000 property damage and maximum of $500,000 per accident limit. Some insurance companies have comprehensive and collision deductibles set at zero. But most typically charge anywhere between $100 to $250.

Full coverage insurance can protect you against any damage you cause to others. The limits are as high as your liability restrictions. In case another driver you have an accident with does not have auto insurance, you are protected. This happens quite often since a fair amount of people drive around with no insurance or one that has expired. If the accident is your fault, you or any passengers who are injured, are covered. It goes as high as your medical coverage amount. In addition, the fair market value of your car is covered. This includes whether your vehicle has been stolen or when a natural disaster destroys it.

Keep in mind that intentionally damaging your vehicle or off-road use of it is not covered. Neither is using it for racing or in a car sharing program. Business, delivery or livery use of your car is not covered either. To know exactly what is covered under full coverage insurance, is best to find out from your insurance provider. Their websites generally have all the information and questions you may need answers to. The important thing is to find a top rated full auto insurance provider near you.