When it comes to car insurance, many drivers opt for the minimum coverage required by law in order to save money on premiums. However, this decision can ultimately cost you more in the long run. Full coverage car insurance offers a wider range of protection and can save you money in the event of an accident or other unforeseen circumstances. If you are thinking of buying a new car or simply updating your car insurance policy, then here are a few reasons why you cannot go wrong with full coverage car insurance and why it is worth the extra money.
Protect Your Investment
If you have a newer or more expensive car, full coverage car insurance can be a smart choice to protect your investment. In the event that your car is totaled in an accident or damaged beyond repair, full coverage car insurance can help to cover the cost of replacing it. This can be especially important if you have a car loan or lease, as you may still be responsible for paying off the balance even if the car is no longer drivable. If you opt for a less comprehensive car insurance policy, then often you could be tens of thousands of dollars in the red should your car be written off.
Peace Of Mind In Any Scenario
Perhaps the most important reason to go with full coverage insurance policies is that you never have to wonder, "Will I be covered in this situation?" You know you will be covered regardless of what happens, and that means that you can drive with confidence on any highway or on any winding road in remote locations. If you want peace of mind, which is what insurance is supposed to provide, then the only way to know for sure that you will always be covered is with a comprehensive, holistic car insurance package.
Roadside Assistance And Additional Benefits
Many full coverage car insurance policies also offer additional benefits such as roadside assistance, rental car reimbursement, and trip interruption coverage. Roadside assistance can help if you experience a flat tire, dead battery, or other roadside issue, while rental car reimbursement can cover the cost of a rental car if your car is being repaired due to a covered event. Not only does full coverage car insurance protect you from any potential costs from on-road issues, but they make the process of recovering from it so much easier, both initially and into the future.
