Are you wondering how you can get full coverage car insurance? The truth is that full coverage policies aren’t offered by insurance companies. Instead, the term ‘full coverage’ applies to any auto insurance policy that contains liability, comprehensive, collision, and underinsured and uninsured motorists coverages along with any special add-ons, like roadside assistance and gap insurance.
Understanding the Types of Coverages that May Be Included in a Full Coverage Auto Insurance Policy
Full coverage auto insurance in Indianapolis can be customized to your specific needs, including any limits and deductibles that are above any state requirements for vehicle insurance coverage. Many drivers who get full coverage insurance also opt for the maximum limits.
Liability Insurance
Every driver must have liability insurance as required by law. This coverage pays for injuries and damage to the other driver’s vehicle. Liability insurance can have low limits, like those required for state minimum liability insurance, or you can designate your limits. When you see the limits listed on your liability coverage, they typically come as three numbers. For example, you may see 100/200/50. The first number applies to the maximum dollar amount for injury payments per person. In this case, it would be $100,000. The second number references maximum dollars available for all the injuries for all the people in the other car that occurred during the accident. The third number designates the maximum dollars available for property damage.
Collision Insurance
Collision insurance pays for your vehicle and injuries if you were to get in an accident, and the accident is determined to be your fault. If you get into an accident without collision insurance, and the auto insurance companies in Indianapolis determine that your negligence caused the accident, you would be responsible for 100 percent of the costs associated with your injuries and property damage. It’s important to note that collision insurance often has a deductible that must be paid before any car repairs. If your vehicle is totaled, the deductible is subtracted from the value of your vehicle before the accident before you are issued a check.
Comprehensive Insurance
Comprehensive insurance covers non-accident-related damage to your vehicle. Typical events that may lead to the need for a comprehensive insurance claim include certain types of weather damage, falling objects or animals, fire, theft, and vandalism.
Underinsured and Uninsured Motorists Coverage
Underinsured and Uninsured motorist’s coverages are often lumped together. Underinsured motorist’s coverage protects you in the event that you are in an accident with a driver who has extremely low insurance coverages that do not cover your injuries or the repair or replacement of your vehicle. Uninsured motorist’s coverage protects you in the event that you are in an accident with a driver who does not have any insurance coverage.
Additional Insurance Coverages and Protections You May Need
In some cases, you may want even more protection than is offered by liability, collision, comprehensive and underinsured and uninsured motorist’s coverages. Common add-on car insurance coverages and protections in Indianapolis include:
- Roadside Assistance – Helps you pay for a tow truck if your car breaks down on the side of the road.
- Rental Car Coverage – Pays for a rental car while your car is being repaired due to an accident
- Customized Parts Insurance – If you’ve had custom parts, features and equipment added to your vehicle, this coverage pays for the replacement or repairs of those customizations
- Gap Insurance – Pays the difference between what you owe on your car lease or car loan and the value of the vehicle at the time of the accident if your car is a total loss
- Coverage for Medical Payments – Covers injuries you sustained during the accident and is not dependent on fault status
When you need customized full coverage auto insurance that includes liability, collision, comprehensive and underinsured and uninsured motorists coverage as well as special add-on coverages, you can count on our agents at Binford Insurance to provide you with all the vehicle coverage types that you need so that you can feel fully protected is you are in a car accident. To learn more about our insurance policies for cars, trucks, vans, and customized vehicles, give us a call at 317-588-3825.
