Every state has some form of required minimum insurance. Even though these requirements are only for liability coverage, you have the option to purchase additional protection. This could come in the form of more liability coverage than what is required or even a full coverage auto policy.
There is no doubt that full coverage offers you the most financial protection when you are involved in an accident. Purchasing full coverage car insurance not only pays for your medical bills and vehicle damage after a crash, but it also covers any third-party claims against you as well.
Full coverage insurance includes collision insurance. This type of policy pays for your losses in an accident. This could be a collision with another car, a commercial truck, or even a fixed object like a building.
Full coverage also offers comprehensive coverage. This coverage pays for any damage that occurs outside of collision. You might rely on comprehensive coverage when your vehicle is vandalized or struck by a falling limb. Finally, full coverage also includes liability insurance. This coverage pays for any damage you cause to others when you are responsible for an accident.
State Minimum Liability
While states generally require auto insurance, the law only mandates a minimum level of liability coverage. State minimum liability coverage can pay for the damages to another driver when you are at fault for a crash. You have the right to purchase more liability insurance than what is required under the law.