What Does Full Coverage Car Insurance Include?
2 Answers
Full coverage car insurance includes compulsory traffic insurance and several basic coverages such as vehicle damage insurance, third-party liability insurance, passenger liability insurance, glass breakage insurance, and comprehensive theft insurance. It also includes additional coverages like spontaneous combustion insurance, water damage insurance, and scratch insurance, along with special no-deductible liability insurance. Here are some scenarios where full coverage insurance does not provide compensation: Car theft in paid parking lots: Generally, if a vehicle is stolen from a paid parking lot or commercial repair shop, the insurance company will not be responsible for compensation. This is because the insurance company considers that the parking lot is responsible for the safekeeping of the vehicle, and thus the insurance company is not liable. Driver's intentional accidents: According to insurance policy terms, intentional actions by the driver fall under the exclusion of liability. Therefore, even in any emergency situation, if the accident is caused by the driver's deliberate actions, the insurance company will not provide compensation.
I remember when I first started driving, I was also confused about what comprehensive insurance actually covers. It's essentially a package deal: compulsory traffic insurance is a must, as it's mandated by the state—you can't hit the road without it. Third-party liability insurance is especially important, especially with so many luxury cars on the road these days. I recommend opting for 2 million in coverage for peace of mind. Vehicle damage insurance covers repairs to your own car, including things like rear-end collisions and scratches. I also recommend adding a no-deductible clause, so the insurance company covers everything. Additionally, passenger liability insurance is a good idea—it provides coverage if you're transporting friends and an accident occurs. Nowadays, some policies even include scratch and glass coverage, depending on your needs. When choosing insurance, make sure to read the terms carefully and don't just rely on what the salesperson tells you.
