Full coverage and liability are two most common terms about motor insurance. Liability cover is must for drivers and full coverage is a beneficial combination of comprehensive, liability and/or collision coverage.
As such, there is no actual insurance plan called full coverage. But, still it has become the most important term for this insurance type. Every customer should know what they want before getting the policy that suit them best. Liability coverage pays up to a specific amount for damage when policyholder is at fault for accidents.
Comprehensive auto insurance coverage can be a great combination of various insurance products. Some optional features of plan won’t be made available to policyholders unless they specifically request them. Therefore, it is a good idea to be informed before buying a policy.
Liability insurance differ based on the vehicle type, location registration etc. Insured person will be responsible financially for any losses or damages incurred over the insurance limits.
Basically, full coverage is a plan available with liability coverage, collision and comprehensive coverage. Comprehensive cover offers a protection for things which are less likely to be auto owners’ fault. Motor insurance includes coverage for damages such as fires, animal accidents and even theft.
Collision cover pays for insured car damages, assuming policyholder is at fault. The other driver’s liability will pay for losses in case they are at fault.
Insurance experts or advisors are highly recommending this coverage because this could be the only way auto owner could be compensated for their damages in case something happened to their vehicles. Buyers can’t get collision policy without having comprehensive, but they can get comprehensive without collision.
Now that we have understood the benefits of getting a full Motor Insurance coverage; view, compare and buy Car Insurance plans online from the best Car Insurance companies in India at Policyboss.com.
