When a new car is destroyed, full coverage or comprehensive auto insurance can be a godsend. However, despite the commonality of the term, it’s a bit of a misnomer. A “full coverage” policy typically describes one that includes every possible type of coverage, or one that includes liability and property damage. Below is an explanation of the most common insurance coverage types, as well as information on how a car accident attorney in Fort Worth can help a client get the settlement they deserve.
Liability Insurance
This kind of auto insurance pays the cost of the other party’s injuries and property damage when a policyholder is held responsible for an accident. A person must buy liability insurance before they can get collision or comprehensive coverage.
Comprehensive Coverage
This pays for damage that’s not caused by a traffic collision, such as that caused by a fire, flood, theft, falling tree, animal strike or poor weather. It also covers windshield replacement in many cases. Coverage may vary, and it’s always a good idea to periodically review one’s insurance policy.
Collision Insurance
The final type of auto insurance pays for the damage done to a policyholder’s car by a stationary object, a pothole, or that sustained in a collision or a rollover accident.
What Isn’t Covered
When a customer asks for full coverage, they naturally assume they have every type available. However, many insurance options aren’t included unless specifically requested. These include:
* Under/uninsured motorist coverage, which pays for repairs when the at-fault driver can’t afford to pay. It’s required in some areas.
Gap insurance is vital if one has to replace a new car. It helps them pay off an auto loan if the car is totaled and they owe more than the vehicle is worth.
Medical payment coverage helps with after-accident medical bills for the driver and passengers, regardless of fault.
Talk to a Lawyer About Insurance Coverage Concerns
It can be difficult to understand an auto insurance policy. If a person is having difficulties with an existing claim or they just want to ensure that they’re covered, it is wise to ask a car accident attorney in Fort Worth for advice. Visit us to schedule a consultation.
