Can we let you in on a secret? Full coverage auto insurance does not actually exist. Instead, it is a clever term used by the insurance industry to describe a collection of coverage types that work together in your favor. While effective at providing a broad range of protection, it is also misleading to Arizona drivers who might think full coverage provides better security than it really does. So what exactly is full coverage, and how can you make sure you have all the protection you need? Continue reading at vanyoinsurance.com to learn what full coverage really is and whether it is enough for you.
The Myth: Full Coverage Offers Complete Protection
All auto insurance policies in Arizona contain at least some liability protection, but “full coverage” implies a lot more coverage. In fact, it suggests that everything is covered, 100%, all of the time. The fact is, that is simply not the truth.
What has become commonly referred to as “Full Coverage” is simply a policy that provides both collision and comprehensive protection, in addition to liability protection. But how much Liability Protection? If your agent quoted you a “Full Coverage” policy that included only 100/300 Bodily Injury coverage, he could technically represent it as a “Full Coverage” policy, but is it really?
Imagine, for a moment, commuting to work and being blinded by a bright Arizona sunrise. With limited visibility, you fail to brake in time, entering a busy intersection. You slam into a vehicle in the right-of-way, and severely injure the driver. A jury awards him and his family $500,000, your BI coverage is tapped out at $300,000. You’re personally on the hook for the other $200,000. Does that sound like “Full Coverage” to you?
There are other examples as well. In a much less damaging accident where there are only a few dents to repair, you might find yourself responsible for towing and labor charges, as well as finding temporary transportation while your vehicle is being repaired. Not to mention, collision insurance only covers your vehicle – not your own personal injuries. Even with health insurance, medical bills after a car accident can total thousands of dollars.
The Truth: You Probably Need More Coverage than You Think
When it comes down to it, you probably need more coverage than you think. Here at Vanyo Insurance Group, we help Scottsdale area drivers like you sift through the different types of insurance offered to Arizona drivers and figure out which coverage – and how much – will provide adequate protection against loss. In many cases, we recommend a true ‘full coverage’ auto insurance policy, plus a few ‘extras’. This might include:
Look for coverage beyond what is required by Arizona law. The liability coverage you carry should be enough to protect your bank account and future earnings. Don’t fall for someone representing “full coverage” when it doesn’t include proper liability limits.
Collision should pay to repair or replace your vehicle if you are at-fault for an accident or if you are hit by an uninsured motorist.
There are many forces outside your control. Fire, wind, hail, and falling objects are just a few examples of hazards that could cause damage to your car. Comprehensive typically covers them all.
Uninsured Motorist/Underinsured Motorist Protection
UM and UIM help pay your medical bills, loss of future earnings, among other damages if you are injured by a driver who is uninsured or underinsured. Even if you are hit by another’s car while you are walking across the street!
When your tire goes flat, you need a tow, or you get locked out of your car, it helps to know you have access to 24-hour emergency assistance that is covered by your insurer.
Rental Car Reimbursement
Your insurance policy can include reimbursement for temporary transportation expenses while your personal vehicle is being repaired after an accident.
Full Coverage Auto Insurance Quotes
Vanyo Insurance Group is in Scottsdale, Arizona. We provide quotes for comprehensive auto insurance that covers your needs. For more information or to request your free quote, contact our office today. We look forward to serving you soon.