Full coverage auto insurance typically provides liability, collision, and comprehensive coverage. This coverage protects you from damages associated with an accident, acts of nature, and theft. Full coverage is often more than the minimum state requirements; however, many Ankeny, IA lenders require full coverage during the loan term.
Call the agents at Maschoff Insurance today to discuss full coverage auto insurance options available.
What Is Full Coverage Auto Insurance?
Full coverage provides several coverage options together to build a complete auto insurance policy. Typical full coverage policies include liability, collision, and comprehensive coverage. In most situations, full coverage also includes personal injury protection, uninsured and underinsured motorist coverage.
How Much Does Full Coverage Auto Insurance Cost?
In addition to what your policy includes, many factors affect the cost of auto insurance premiums. These factors include driver’s age, driving record, insurance company, deductible, coverage limits, geographic location, and vehicle (make, model, mileage, and age). On average, full coverage costs around $350 per month.
Do I Need Full Coverage Auto Insurance?
No one auto insurance policy fits every driver on the road or fits all your driving and insurance needs. There are times when you may wish you had full coverage auto insurance, but it is too late. Reasons why you may need full coverage insurance include:
- You bought a new car
- You live in a high-risk area
- You cannot afford to repair or replace your vehicle
Full coverage auto insurance may not be the best option if you rarely drive your vehicle or the car is not worth a lot of money.
Insuring your vehicle in Ankeny, IA is essential to protect yourself financially in the event of an accident or theft. Call Maschoff Insurance today to discuss your auto insurance needs and to determine if full coverage is the best option for you.