I'm looking for a new insurance company-is full coverage strictly having collision and comprehensive?

Full coverage can mean anything. It really is a general term to describe having more coverage than just liability.

It usually includes comp and collision and when I'm writing a policy I ask the insured if they want rental reimbursement, emergency road side service, uninsured/underinsured, medical payments, accidental death and dismemberment....

IMO full coverage means the amount of coverage that you would need to make you "whole" again after an accident - no matter whose fault it is.

Also, don't go cheap....go for quality and satisfaction and a local agent that can help determine your needs and build a policy based on your needs and at a reasonable price.

You would have to ask your loan company what their definition of "full coverage" is. On a lease and some loans they require certain liability and property damage limits, comp and collision with $500 or $1000 deductibles and uninsured and underinsured coverages.

Good luck.

The company offering you the loan is really only concerned with you having coverage for the vehicle (comp and collision) as they still have an interest in the vehicle since they own part of it.

You will most likely be required to carry comprehensive and collision coverage depending on the loan company and size of the loan.

To reduce your insurance premiums you can go with higher deductbles. Most companies allow you to carry up to $1000 deductible on comp and collision. This will reduce your premiums but remember that you WILL be responsible for the first $1000 in damage in the event of a claim.

As far as insurance companies go... there is no 1 right company for everyone. If there was, all other companies would be out of business. Shop around alot. There are a ton of companies out there. Try a google or yahoo search. Make sure that the company had a good (A or better) financial rating on www.AMbest.com.

Let's clarify. There's no such thing as "full coverage". It's a myth. But, on your policy, you're required to list all household members, or anyone who doesn't live there, but has regular access to your car. Now, some insurance companies, Progressive and Safe Auto come to mind, flat out won't cover if ANYONE besides a listed driver is driving the car. Others, will cover, if the other driver isn't a regular driver - ie, they have their OWN car and their OWN insurance, and don't live with you. But you're talking about someone who's LEGAL address, is YOUR HOUSEHOLD. Unless they have their own car, and their own insurance with another company, there's a real good chance the insurance company will deny the claim. See, that situation LOOKS like fraud - not listing a high risk driver, to get out of paying for them, but letting them drive your car anyway.

The short answer is no.

Every state is different on what they require but most require liability, medical payments or personal injury protection, uninsured and underinsured motorist. When a person has what the state requires them to have most people say they have liabilty only on their vehicle

When they have full coverage they have the above coverages along with comprehensive or OTC and collision along with any other optional coverages they add to the policy.

I hope this answers your question.

I'm not completely sure of your question but here's what I get out of it.

Full coverage for a lienholder will cover the vehicle in all aspects. A lienholder doesn't care about any out of pocket expenses you may incur in areas such as medical or towing coverage, all they care about is the car/truck. I use Nationwide and am very happy with my coverage, rates, and customer service.

Since rates vary based on several criteria, including your credit report, find an Independent agent, give him your information and needs, and let him check his data base of companies to find the one best suited to your needs.

You can compare rates in the 'insurance' section of www.lagerstone.com if you're interested.

You want Allstate, with Allstate you are in good hands

gieco was cheap and good for us