These questions don’t have an easy answer as policies vary from one insurer to another but there are certain guidelines that can help you understand what full coverage really implies and up to what extent you will be protected by it. True Coverage
This is an important issue because many people think that they can just feel confident and act recklessly because the auto insurance that they have purchased fully covers all damages and liability. Not only it is not true but knowing the degree of protection that your particular policy offers is essential for you to be really safe when driving your car or letting someone else use it.
Full coverage consists of two separate coverage types: liability coverage and property coverage. Property coverage is also divided in two: comprehensive coverage (which can also be subdivided) and collision coverage. We will explain each type later on but it is important to keep this in mind to know what insurance companies mean when they offer you FULL coverage.
Therefore, full coverage implies that you will be protected for almost all if not all the risks associated to owning and driving a vehicle. The problem is that each type of coverage protects you up to a certain extent. There are amount limits that will determine how much the insurance company will pay in the event of an accident on each and every category included in the full coverage.