When looking for car insurance, one of the key decisions drivers have to make is whether to get basic liability coverage or opt for a full coverage policy.
Full coverage insurance provides more comprehensive protection compared to state minimum liability coverage. But it also comes at a higher cost.
Below we’ll explain what full coverage means, what it includes, how much it costs with Fred Loya Insurance, and whether it’s the right choice for your situation.
What is Full Coverage Car Insurance?
Full coverage auto insurance refers to a policy that combines several different standard coverages into one bundled policy:
- Liability coverage
- Comprehensive coverage
- Collision coverage
- Uninsured/underinsured motorist coverage
- Personal injury protection and medical payments coverage
By combining these coverages, full coverage insurance provides financial protection for damage you cause to others, damage to your own vehicle, and injury costs for all parties involved.
Liability coverage is mandatory in most states. But comprehensive, collision and medical coverages are optional add-ons that create a full coverage policy.
What Does Full Coverage Insurance Include?
The key components of a full coverage auto policy are:
Liability Coverage:
- Bodily Injury Liability – Covers injury claims against you by other parties
- Property Damage Liability – Covers damage you cause to others’ vehicles and property
Comprehensive & Collision Coverage:
- Comprehensive – Covers damage from theft, vandalism, natural disaster, fire, etc.
- Collision – Covers damage from collisions with vehicles and objects
Uninsured/Underinsured Motorist Coverage:
- Covers costs when an at-fault uninsured driver damages your vehicle or injures you
Personal Injury Protection:
- Covers medical expenses for injuries to you and your passengers, regardless of fault
Medical Payments Coverage:
- Covers medical costs from car accidents for you and passengers
Full coverage can also include add-ons like roadside assistance and rental reimbursement coverage.
How Much Does Fred Loya Full Coverage Cost?
The cost of full coverage insurance with Fred Loya depends on factors like:
- Your location
- Driving record
- Vehicle make, model and age
- Your age and credit score
- Amount of miles driven
- Policy limits and deductibles
Some typical ranges for Fred Loya full coverage auto policies:
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Liability Coverage: $150 – $600 per year
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Comprehensive & Collision Coverage: $400 – $1,200 per year
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Uninsured Motorist Coverage: $100 – $300 per year
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Personal Injury Protection: $50 – $200 per year
Total Per Year: $700 – $2,300+
To get an exact quote for full coverage based on your specifics, contact a Fred Loya agent.
You can also get a free online quote to compare estimated rates. Input your details and select the coverages you want included to see full coverage options.
Is Full Coverage Insurance Worth It?
Here are some factors to consider when deciding if full coverage is right for your situation:
How New or Valuable is Your Vehicle?
For newer cars or vehicles financed with an auto loan, full coverage is usually required by lenders to protect their investment. It ensures the vehicle can be repaired or replaced if damaged.
Full coverage is also worth considering for high-value vehicles you couldn’t easily replace if totaled in an accident.
Can You Afford Out-of-Pocket Repair Costs?
If your vehicle is damaged, collision and comprehensive coverage will pay for repairs beyond your deductible.
Without full coverage, you’d have to pay costly repair bills completely out of pocket.
How Much Daily Driving Do You Do?
The more miles you drive, the higher your risk of an accident or damage. Full coverage makes sense for high-mileage drivers who are on the road daily.
What Are Your State Minimum Requirements?
Some states require add-ons like personal injury protection and uninsured motorist coverage. When they are mandatory, including them in a full coverage policy is less optional.
Is Your Vehicle Old or Paid Off?
Once vehicles become older or you pay off an auto loan, dropping full coverage to minimum liability may make sense financially.
You can contact Fred Loya for a free quote comparison to see if savings outweigh the reduced protection.
How to Get a Full Coverage Insurance Quote
You can get a personalized full coverage insurance quote from Fred Loya in 3 simple steps:
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Contact an Agent: Call 1-800-444-4040 or visit a local office. Explain you want a quote for full auto coverage.
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Provide Your Details: Share information about yourself, your driving record, and your vehicle.
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Select Coverages: Choose liability, collision, comprehensive, medical payments, and any other desired coverages.
Fred Loya will provide a detailed premium quote based on the coverages you select. Ask any questions you have about coverage options to make sure you understand what’s included.
Is Fred Loya a Good Choice for Full Coverage?
Here are some key advantages of getting full coverage specifically through Fred Loya Insurance:
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Local Agents – Get quotes and advice from agents in your neighborhood.
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Affordable Rates – Coverage starts at just $35/month with budget-friendly options.
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Flexible Payment – Pay monthly, quarterly, semi-annually or annually.
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No Credit Check – Your rates won’t be impacted by your credit score.
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Easy Claims – File and manage claims quickly via phone, app, or online.
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Top Ratings – Rated A- by the Better Business Bureau.
Fred Loya has over 45 years of proven experience providing full, affordable coverage across the U.S. Contact an agent today to discuss your needs and get a custom quote.
The Bottom Line on Fred Loya’s Full Coverage
Full coverage auto insurance provides robust protection compared to basic liability policies. While more expensive, it gives peace of mind that accidents and vehicle damage will be covered.
Key takeaways:
- Includes liability, collision, comprehensive and medical coverages
- Ideal for new cars, vehicles with loans, and high-risk drivers
- Fred Loya offers affordable rates starting at $35/month
- Get a personal quote from a local agent near you
Determine the level of coverage you need for your specific situation and budget. Fred Loya Insurance makes full coverage simple to understand and easy to purchase.
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FAQ
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