Your vehicle is one of your most expensive assets. Besides, if you make a mistake while driving and cause an accident, you could cause expensive injuries or property damage. For this reason, purchasing adequate car insurance coverage is essential.
If you want the maximum amount of insurance protection, you may inquire about full coverage. However, at this time, there is no such thing as “full coverage” insurance. Instead, when a customer asks about full coverage, the insurance agent typically designs a collection of policies designed to offer as much protection as possible.
What Should Be Included If I Want Full Coverage?
If you want full coverage, you will need to purchase all of the different types of insurance your agent offers. Some of the types of insurance you will purchase include:
1. Liability Coverage
Liability insurance pays for the expenses that result when you cause an accident that leads to physical damage and/or injuries. A certain amount of liability insurance will be required by state law, but you can purchase more than the minimum amount required.
2. Uninsured/Underinsured Motorist Coverage
Uninsured/underinsured motorist coverage will pay for expenses that are the result of an accident caused by someone who isn’t insured. This type of coverage is also required by law in Arizona, but it is possible to buy more than the minimum amount required.
3. Collision Insurance
Collision insurance will cover damage to your vehicle in the event of a collision.
4. Comprehensive Insurance
Comprehensive insurance coverage applies when your vehicle is damaged because of a non-collision incident or event. It will typically pay claims related to theft, weather damage, and similar issues.
Understanding the Limits of Insurance
Even when you purchase the maximum amount of insurance coverage available, it will still be subject to limitations and exclusions. For example, liability insurance policies come with coverage limits that indicate the highest amount the policy will pay for specific types of claims. Likewise, most insurance policies exclude certain types of claims. Before purchasing car insurance of any type, be sure to review all the limitations and exclusions carefully.
Tips for Maximizing Coverage
If you want to maximize your car insurance coverage, you need to take advantage of all the different policies available from your insurance carrier. In addition to the main policies listed above, your carrier may also offer personal injury protection or other optional coverages. You should also ask for the highest available limits to maximize the protection your insurance policies provide. Also, you can invest in even more protection by asking about umbrella insurance coverage. Your umbrella insurance coverage is a safety net that will cover the difference when a liability claim exceeds the limits on your other policies.
Car insurance is a valuable investment for any vehicle owner. If you are in need of car insurance, please contact Jarosch Insurance today to discuss your specific needs. For customers interested in full coverage, we are happy to design a policy that offers the highest level of protection.