Full Coverage Auto Insurance (2023)

Full coverage auto insurance includes liability, collision, and comprehensive auto insurance coverage in one policy. Your auto insurance rates will be more expensive than if you carry only what’s required based on a state minimum liability coverage chart, but you’ll have extra coverage for your vehicle.

Even though full coverage auto insurance quotes cost more, you can lower prices through discounts and other factors that determine auto insurance.

Get a quick look at affordable full coverage auto insurance in your local area by entering your ZIP code in the FREE online comparison tool. For more details about full coverage car insurance quotes, continue reading.

Full Coverage Auto Insurance Definition

Full coverage auto insurance consists of liability, collision, comprehensive insurance coverages in a single policy. So what does auto insurance cover? Auto insurance protects you when you get into an accident with someone else.

However, collision and comprehensive coverage help with damages to your vehicle regardless of whether you’re at fault.

Read on to learn more about cheap full coverage car insurance options in the industry.

Liability Auto Insurance

The best car insurance for full coverage includes liability auto insurance, since most states require this coverage. Liability coverage pays for bodily injury and property damage where you’re at fault in an accident. It’s made up of two or more coverages, such as:

• Bodily injury liability
• Property damage liability
• Uninsured/underinsured motorist coverage (UM/UMM)
• Personal injury protection (PIP)
• Medical payments (MedPay)

Requirements vary by state, but bodily injury and property damage liability are always part of liability coverage. Any added coverages required shouldn’t affect your annual rates. If UM/UMM, PIP, and MedPay aren’t part of your state’s requirements, you may pay extra for them.

Collision Auto Insurance

When you want extra coverage for your vehicle regardless of fault, you should get collision car insurance. If you get into an accident, your auto insurance company will help you with the cost of repairs. Your car insurance company will also compensate you so you can get another vehicle if the accident results in a total loss. So, if you have a new vehicle, full coverage auto insurance costs may be worth it.

Comprehensive Auto Insurance

For accidents that don’t involve colliding with another vehicle or object, you’ll need comprehensive auto insurance. Comprehensive coverage pays for damage related to vehicle theft, fire, storms, falling objects, and other accidents that don’t involve a collision. So, you can count on full coverage auto insurance when bad weather causes a car accident.

Special Auto Insurance Coverages

Each full coverage auto insurance company carries special car insurance coverages. Here are three you may recognize:

• Roadside assistance
• Rental car insurance
• Travel insurance

Sometimes roadside assistance comes as a perk when you purchase car insurance. However, rental reimbursement may be one you have to ask for when you buy full coverage auto insurance.

Travel insurance is one of those coverages that many people ignore. It’s very convenient if you’re stranded while you’re on vacation.

Deciding Whether Full Coverage Is Worth It

So, how much insurance coverage do I need? If you’re financing your vehicle, you’ll need full coverage auto insurance. While full coverage auto insurance quotes are more expensive than liability insurance, you’ll have full protection for your vehicle.

Full coverage auto insurance rates are more expensive than liability-only insurance, but the benefits of full coverage auto insurance are great, ensuring your vehicle gets paid for if you get into an accident.

Full Coverage Auto Insurance Rates

Full coverage auto insurance rates average $119 in the United States, but you might be wondering what full coverage auto insurance costs are in your state.

We did some digging and found a complete list of full coverage car insurance rates by state. Compare full coverage auto insurance in the data below. Use the search box to search for a state quickly:

The cheapest full coverage car insurance is found in Idaho, Iowa, and Maine. However, the most expensive states for full coverage auto insurance are Michigan, Louisiana, and New Jersey.

Best Full Coverage Auto Insurance Companies

The best full coverage car insurance company is the company that meets your needs. If your needs happen to align with a company that offers cheap full coverage car insurance quotes online, then this a section you may want to pay close attention to.

USAA auto insurance, State Farm auto insurance, and Geico full coverage car insurance rates for young drivers, married drivers, and senior drivers are the cheapest. However, USAA is only available to veterans and their immediate families. Geico full coverage auto insurance costs $80 monthly, almost $40 cheaper than the national average.

How to Lower Full Coverage Auto Insurance Costs

You could get low cost car insurance with driver discounts if you’re looking for affordable full coverage. Check out this list of discounts that can lower your full coverage auto insurance per month:

• Multi-policy discount
• Anti-theft discount
• Multi-vehicle discount
• Safe driver discount
• Defensive driver discount
• Anti-lock brakes discount
• Telematics insurance coverage

There are other discounts available at your auto insurance company that you can take advantage of, so ask about different ways to save money when you purchase your policy.

Another way you can lower your auto insurance rates is through a good and excellent credit score. According to Experian, there’s a correlation between credit history and risk. Therefore, poor and fair credit holders have higher rates because their credit scores correlate to high risk.

Finding the Cheapest Full Coverage Auto Insurance

Understanding your car insurance policy is one of the essentials you’ll need to learn once you have car insurance. Don’t get pulled into the full coverage vs. comprehensive and collision argument. They’re both the same thing.

They provide overall auto insurance coverage that ensures that you can pay for bodily injury and property damage when you’re at fault and to pay for damage to your vehicle regardless of fault.

Start comparing full coverage auto insurance rates in your area by using our FREE comparison tool below.

Case Studies: Full Coverage Auto Insurance

Case Study 1: John’s Experience With Liability Auto Insurance

John, a resident of California, was involved in a car accident where he was at fault. Fortunately, he had liability auto insurance as part of his full coverage policy. The liability coverage helped him cover the medical expenses of the injured party and the repair costs for the other driver’s vehicle. Without liability insurance, John would have been personally responsible for these expenses, which could have been financially devastating.

Case Study 2: Sarah’s Collision Auto Insurance Claim

Sarah recently purchased a new luxury car and opted for full coverage auto insurance, including collision coverage. One day, while driving in heavy traffic, Sarah accidentally rear-ended the car in front of her. The collision caused significant damage to both vehicles. Sarah’s insurance company covered the repair costs for her vehicle, ensuring she didn’t have to bear the financial burden on her own.

Case Study 3: Michael’s Comprehensive Auto Insurance Protection

Michael parked his car on the street overnight, only to wake up the next morning and find it vandalized. The windows were shattered, and the stereo system was stolen. Luckily, Michael had comprehensive auto insurance as part of his full coverage policy. The comprehensive coverage allowed him to file a claim and receive compensation for the damages and stolen items.