Are you the type of driver that likes the feeling of hitting the road with a comprehensive auto insurance policy on your side? Nothing quite beats the knowledge that you’re protected in the worst-case scenario when navigating Wisconsin roadways and beyond. But did you know that there’s no such thing as “full coverage” car insurance? Typically, when people ask for “full coverage” they are talking about a combination of coverages that will best protect their vehicle, passengers, and other drivers. We all know that some car insurance coverages are required by state laws, but many others are optional. That means it’s up to you and your insurance agent to come up with the best car insurance coverages to fit your needs. Keep reading to learn more.
What is the Best Recipe for Full Coverage Auto Insurance?
When most drivers ask their insurance agent to give them “full coverage” auto insurance, they are referring to a combination of liability coverages that include bodily injury coverage (BI), property damage liability, uninsured motorist coverage (UI), and underinsured motorist coverage (UIM). Other optional insurance coverages may include collision coverage, rental reimbursement coverage, and personal injury protection or PIP—which isn’t available in every state.
Liability coverage is required for all drivers in almost every state and included in most auto insurance policies. You may also be familiar with bodily injury liability coverage. This insurance coverage is designed to help pay for a third party’s medical expenses if you are the person who caused an accident. Finally, property damage liability coverage works to help pay for any damages that you may cause to another person’s vehicle or personal property in an auto accident.
Each state in the US has set out minimum liability coverage limits that all drivers are required to purchase before they can legally operate a vehicle. In most cases, auto insurance policies will include liability coverage in 3 separate limits:
- Maximum payment for BI per accident
- Maximum payment for BI per person
- Maximum payment for property damage
Depending on your needs or if you’re interested in driving with a more “full coverage” car insurance policy, your insurance agent may recommend going beyond the state requirements to include higher liability limits. With higher coverage, you will most likely pay a higher insurance premium, but you’ll have much more protection in the event that you cause a serious auto accident.
Other common coverages like uninsured motorist coverage and underinsured motorist coverage are required in most states. From there, most of the other coverage options are not required but recommended for drivers who want to enjoy better peace of mind when on the open road.
Contact Leonard Insurance Services Today
While there is really no such thing as a “full coverage” car insurance policy, you can work with your trusted local insurance agent to combine optional coverages that will best protect you, your loved ones, and your vehicle. When it comes to navigating the roads and highways in the greater Mequon area, nothing beats driving with full confidence and the knowledge that you have a comprehensive auto insurance policy behind you. Interested in learning more about the benefits of investing in total insurance protection? Give us a call at (262) 241-8610 or contact our friendly and knowledgeable independent agents today to request a free quote.
