Average Cost Of Full Coverage Car Insurance A Year

What is Full Coverage Car Insurance?

Full coverage car insurance is an insurance policy that provides coverage for an array of circumstances, such as bodily injury liability, property damage liability, collision, and comprehensive. Depending on your location, full coverage car insurance may also provide for uninsured and underinsured motorist coverage, personal injury protection, and medical payments coverage. It is important to know that full coverage car insurance does not provide coverage for every possible situation and can vary from state to state.

What Does Full Coverage Car Insurance Cost?

The cost of full coverage car insurance will vary depending on the driver’s age, the type of car they are driving, where they live, and the amount of coverage they are looking for. Generally, full coverage car insurance is more expensive than basic liability coverage but is still cheaper than comprehensive coverage. The cost of full coverage car insurance can range from around $500 to close to $2,500 a year.

Factors that Affect the Cost of Full Coverage Car Insurance

The cost of full coverage car insurance will depend on a variety of factors, such as the age of the driver, the type of car they are driving, their location, the amount of coverage they are looking for, and their driving record. Younger drivers tend to pay more for full coverage car insurance, as they are considered to be riskier drivers. Additionally, drivers who live in areas with higher rates of traffic accidents or theft will usually pay more for full coverage car insurance.

What Is Covered By Full Coverage Car Insurance?

Full coverage car insurance typically covers damage to your car due to accidents, theft, fire, and other natural disasters, as well as damage to other people’s property. Additionally, most full coverage car insurance policies provide for legal expenses if you are sued as a result of an accident, as well as rental car coverage while your car is being repaired. It is important to note that full coverage car insurance does not cover every possible situation and can vary from state to state.

How Much Should I Pay for Full Coverage Car Insurance?

The amount you pay for full coverage car insurance will depend on a variety of factors, including your age, the type of car you are driving, where you live, and the amount of coverage you are looking for. Generally, full coverage car insurance is more expensive than basic liability coverage but is still cheaper than comprehensive coverage. The cost of full coverage car insurance can range from around $500 to close to $2,500 a year.

Conclusion

Full coverage car insurance is a great way to protect yourself and your car from any potential damages that may occur. The cost of full coverage car insurance will depend on a variety of factors, such as the age of the driver, the type of car they are driving, where they live, and the amount of coverage they are looking for. It is important to shop around and compare rates to find the best coverage for your needs.