(800) 253-1482What Is Full Coverage Insurance in Texas?
Summary: Full coverage car insurance is not an official type of protection but rather a term referring to a collection of coverages. Though your protection can change depending on your policy, most protect against at least losses involving accidents, regardless of fault, and weather-related perils. You aren’t covered for everything and it’s important to speak with your insurance agent to not only understand your personal policy terms but also to compare coverages for the lowest premium. Estimated Read Time: 5 mins
Table of Contents:
- What Is Full Coverage Insurance?
- What Does Full Coverage Car Insurance Cover?
- How Much Is Full Coverage Insurance?
- Additional Coverage Options to Consider
- Pros and Cons of Full Coverage Car Insurance
- Full Coverage Auto Insurance Quotes in Texas
The term full coverage is often used to describe car insurance, but what is it exactly? For Texas drivers, full coverage car insurance can mean many things but typically is a combination of liability coverage with additional protection. In many cases, this means also collision and comprehensive coverages.
However, full coverage auto insurance can be different depending on your needs and carrier. It’s important to understand your risks and protect accordingly to avoid a major loss.
Ultimately, you receive more protection but you aren’t covered for everything. The goal is to find cheap full coverage auto insurance that covers you for perils you are at risk for in a way that protects your finances and doesn’t cost an arm and a leg each month. Below, we’re breaking all of this down and more so that you can make an informed decision.
What Is Full Coverage Insurance?
Full coverage car insurance is a term referring to a combination of coverages protecting both you and your vehicle. It’s not a technical or official term in the insurance industry, but when people refer to “full coverage,” they usually mean a combination of the following types of policies:
- Liability Coverage: This is mandatory in most states and covers damages you might cause to others in an accident. It consists of:
- Bodily Injury Liability: Covers medical expenses, lost wages, and other damages for other people injured in an accident you cause.
- Property Damage Liability: Covers the repair or replacement of property you damage in an accident (like someone else’s car).
- Collision Coverage: This covers damage to your own vehicle resulting from a collision, regardless of who was at fault.
- Comprehensive Coverage: This covers damage to your car not caused by a collision. This includes events like theft, vandalism, fire, natural disasters (hurricanes, floods), damage from animals, and falling objects.
- Medical Payments (MedPay) or Personal Injury Protection (PIP): Covers medical expenses for you and your passengers after an accident. PIP also might cover lost wages and other related expenses.
- Uninsured/Underinsured Motorist Coverage: Protects you if you’re in an accident caused by a driver who doesn’t have insurance (uninsured) or doesn’t have enough insurance to cover the damage (underinsured).
Remember, full coverage auto insurance helps cover you against a wider range of perils, but it also doesn’t mean you’re covered for every possible situation or expense.
For many, full coverage can mean just liability, comprehensive, and collision coverage only, and policy limits still exist. Always read your policy details and discuss your coverage needs with an insurance agent to ensure you’re adequately protected.
What Does Full Coverage Car Insurance Cover?
Each policy is different but because full coverage consists of many different types of protection, how you are protected will also vary. Since most full coverage policies include liability, collision, and comprehensive coverages, you’ll be protected against damage after a wreck regardless of fault and weather-related damage.
But even with these protections, there are policy limits and incidents you may not receive coverage. For example, even if you have full coverage and cause an accident you might not have protection if you were breaking the law at the time, such as driving while under the influence.
If you have additional coverages such as PIP or UI/UM, then you’ll also receive protection according to the terms of those policies. Always review your car insurance with your agent to better understand how you are covered to avoid surprises or gaps in coverage.
How Much Is Full Coverage Insurance?
Most drivers in Texas will spend anywhere from $170 to $220 per month, however, this figure can vary for a number of reasons. This includes personal factors, statewide trends, the cost of your deductible, and more.
Additionally, each carrier has its own way of determining premiums. The basic rule of thumb is that if you are less risky as a client, you’ll likely pay lower premiums than if you have heightened risk factors.
To find cheap full coverage insurance, it’s always the best practice to shop and compare. By doing so, you can find the coverage you need at the lowest price available. Otherwise, you could overpay for protection.
Additional Coverage Options to Consider
If you’re considering full coverage, be aware that there are other coverages available. Depending on your carrier, you may be able to add some of these coverages to your policy for an even fuller range of protection.
Auto insurance should be fit to meet the needs of the individual. Every driver’s needs are different and your protection should reflect this. Here are additional coverage options, that drivers in Texas with full coverage car insurance can enjoy:
- Gap Coverage in Texas pays for the rest of your note if your vehicle is totaled.
- Roadside Assistance can help you with towing or minor repairs while out on the road.
Pros and Cons of Full Coverage Car Insurance
Full coverage auto insurance can benefit many drivers but it’s always important to conduct due diligence before enrolling. Here are the pros and cons you should consider:
|
Pros: |
Cons: |
|
An affordable way to protect your vehicle from multiple perils |
Though affordable, your premiums are higher than having liability only |
|
Peace of mind after an accident even if you aren’t driving |
You’ll need to cover your deductibles |
|
Customized coverage can protect you from specific, personal risks |
Coverage limits still exist |
Full Coverage Auto Insurance Quotes in Texas
Finding the right Texas auto insurance for your needs doesn’t have to be a hassle. Here at Freedom Insurance Group, we help the average driver save 40% on coverage through bundles, comparison shopping, and personalizing coverage. Featuring products from more than 25 top-rated insurance brands, get your free online auto insurance quote, or ask an agent how you can save on full coverage car insurance today.
