Need help choosing the right car insurance?
That's where we come in. Car insurance isn't the simplest thing to understand. Between legal requirements, optional coverage, deductible choices, and different coverage levels, it's not always easy to figure out how to choose the best auto insurance policy.
Do you need full coverage or liability only? What does this mean?
If your car is new, leased or purchased with a loan, you'll probably need "full coverage." In case of an accident, these coverages will help protect your car and the other driver up to the limits shown on your policy.
At a minimum, full coverage includes:
- The standard liability protection
- Both collision and comprehensive coverage
Unless a third party requires full coverage (standard in many loans and leases), you can choose to carry "liability only," which typically only protects the other driver and their vehicle in case you are found at-fault for an accident. It's a good idea to make sure you could afford to replace your car out-of-pocket when considering this option.