Many people believe that full coverage insurance protects them from all potential accidents and incidents. However, full coverage does not include every type of insurance protection you may need. It is important to understand the limitations of your policy and to consider additional coverage that can keep you fully protected.
What Does Full Coverage Insurance Include?
Typically, full coverage insurance includes three main components:
- Liability Insurance: Covers damages and injuries to others if you are at fault in an accident.
- Collision Insurance: Pays for damages to your own vehicle after an accident, regardless of fault.
- Comprehensive Insurance: Protects against damage to your vehicle from non-collision events like theft, fire, or vandalism.
While these coverages are important, they do not account for every possible risk. Without additional policies, you could be left with costly expenses after an accident.
What Full Coverage May Not Include
Even with full coverage insurance, there are gaps in protection. Here are some types of coverage that are often missing:
- Uninsured/Underinsured Motorist Coverage: If you are in an accident with a driver who has no insurance or insufficient coverage, this can help protect you from out-of-pocket expenses.
- Medical Payments (MedPay) or Personal Injury Protection (PIP): Covers medical costs for you and your passengers, regardless of fault. Without these, you could be responsible for hefty medical bills.
- Rental Car Coverage: Helps cover the cost of a rental car while your vehicle is being repaired after an accident.
These optional coverages can make a significant difference, and without them, you may not be as protected as you think.
Why You May Need More Coverage
Insurance policies should be tailored to your specific needs, and full coverage does not always provide that level of protection. If you are unsure about what your policy covers, it is a good idea to review it before an accident occurs. If you need help reviewing your insurance declaration page, feel free to email [email protected]. We can help you identify gaps in your coverage and recommend any additional protections you may need.
If you have already been in an accident, it is essential to act quickly. Contact Fielding Law by phone at 833.88.SHARK, email, or fill out our contact form to explore your legal options.
Why Hire Fielding Law
Fielding Law offers caring and capable legal assistance when it comes to navigating the complexities of insurance claims. Whether you are trying to understand your current coverage or dealing with an accident, our team is here to help. With our expertise, we can help ensure that your insurance covers all of your needs. Contact Fielding Law at 833.88.SHARK for a consultation today. We are committed to guiding you through the insurance process and protecting your rights.
Note: Information provided is for educational purposes and does not constitute legal advice. Always consult with a qualified attorney for legal concerns.
