Most people think that they have to pay a lot of money for services that they will never use, but the truth is that most of them don’t even make an effort to learn more about the things that they are paying for. They hear their family or friends talking about home or car insurance, and they get the same deals even regardless of the fact that it might not be the same fit for them. The same thing happens with full coverage insurance. When you buy or lease your car, you are told that you need to get insurance, and usually, full coverage. Do you know what that means? Do you really need to be covered for everything by your policy?
Why Full Coverage Insurance is Not the Right Term to Use
Although what is referred to as full coverage insurance, covers most issues, there is no such thing as a true full coverage insurance. As a matter of fact, there is no policy in the world that can take care of all contingencies, so most insurances are actually a collection of policies that will provide with better protection in case of accidents. This is the most important detail that you should know about full insurance coverage in Houston, Texas. The most common policies that can be found in what we call full coverage, includes liability, collision, comprehensive, personal injury protection etc., which we have already discussed in a previous article.
Full coverage insurance isn’t as cut and dry as you think, and it is basically a term that has evolved and is well known in the industry by carriers. It does not play by specific rules, and it can be interpreted differently by different companies and drivers. Nevertheless, the core of full coverage consists of essential policies like the State Minimum requirements (liability and property damage), comprehensive and collision policy. There are also other coverages included in a “full” coverage that you might, or might not need. Let’s take a look at them.
Extra Policies Included in Full Coverage that are Not Necessary:
The most important rule that you have to learn when it comes to car insurance, is that there is no such thing as a sure thing. If you buy full coverage don’t expect roadside assistance to be included. It probably won’t be. There is also such a term as extra car insurance coverage, that has everything you might ever need on the road. Let’s take a look at some extra policies which may, or may not be included in full coverage:
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Full Glass Coverage: glass damage will be covered automatically if you choose a full coverage, because it falls under the comprehensive category. However, if you decide for a high deductible on comprehensive, you will have to buy glass coverage separately.
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Car Rental: might be an important coverage for you, especially if you use rentals a lot. Sometimes, the coverage will be included but not listed, and insurance carriers might offer limited amount of reimbursement, but in most situations you will have to ask for it yourself.
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OEM Endorsement: Did you know that carriers don’t use parts directly from the car’s manufacturer when they fix your car? Upon request, you can add additional coverage to get OEM parts.
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Vanishing Deductible: if your insurer does not offer vanishing deductibles, it means that you won’t automatically come with a full coverage policy. You can add it for a small cost, to avoid losses.
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Towing: is without a doubt the most popular packaged coverage included in full coverage insurances. It can be very annoying to have your car towed when you least expected, so roadside assistance will definitely be welcome.