What is full coverage insurance progressive

When financing or leasing a vehicle, your lender may use the term "full coverage." That means they require you to carry comprehensive and collision plus ...

What is the meaning of full coverage insurance?

Remember, full coverage isn't an actual type of coverage, but a general term used to describe a policy that combines Liability, Comprehensive, and Collision coverages.

How do you know if it's full coverage?

You know you have full coverage auto insurance if you have comprehensive and collision plus any other insurance your state or lender requires. Full coverage is not an official kind of insurance, but the term generally describes a policy that protects the policyholder and their car in most situations.

What is the difference between minimum and full coverage?

Is full coverage car insurance worth it? Policies with full coverage pay out if your car is damaged, while minimum insurance typically only covers damage to another car or person. If you don't want to be stuck paying for damage to your car, or wouldn't be able to afford it, you may want to pay for extra coverage.

Is comprehensive the same as full coverage?

Comprehensive insurance is one of several types of coverage often referred to as full coverage insurance when purchased together. Also included in full coverage insurance are liability and collision insurance, plus uninsured motorist coverage in some states.