What Is Full Coverage On Your Car?

You have just been injured in a Kentucky car wreck. You need to pay your medical bills and loss wages, but how are you going to be compensated for your pain and suffering? To make matters worse, the other car didn't have insurance. When you bought your Kentucky car insurance policy, you asked your insurance agent for full coverage. So, that means you are fully covered, right? Not necessarily. Full coverage may not have everything in the policy that you need. Why? It may be because your attorney now says you don't have a Kentucky auto accident case.

Related: Questions You Need To Ask Your Insurance Agent When Purchasing Car Insurance PDF

What is full coverage?
You call your insurance agent and want to purchase Kentucky car insurance. You tell your agent that you would like full coverage because you want to be protected if you are in an accident. However, did you know that "full coverage" may not include what you think it does? Here are a few questions to ask yourself when you talk to your insurance agent:

  • Is there really such a thing as full car insurance coverage? 
  • Do you know what the insurance agent is going to give you when you ask for full coverage? 
  • Does the price that is quoted always include everything? 
  • Is the agent giving you the best coverage or the cheapest coverage?

Unfortunately, full car insurance coverage means something different to different insurance companies. From my perspective, I believe full car insurance coverage should be exactly that, full coverage. However, what you, the consumer who is purchasing insurance, is quoted usually does not contain uninsured motorist coverage (UIM) and underinsured motorist coverage (UM). These are usually considered add-ons by the insurance company.

Related: Uninsured Motorist Coverage PDF

Found out what is included in the coverage
It is very important that you ask what coverages are included in the cost of any policy. This way, you will know. It's highly recommended that you have uninsured motorist coverage and underinsured motorist coverage, especially in this day and age. Why? I know more and more people are driving with the minimum insurance in Kentucky, which is $25,000. Others have elected to violate the law and have no insurance at all. This is extremely dangerous, because you will not be compensated if you're in an accident. Also, if you don't have UIM or UM insurance, and you're hit by a driver who doesn't have insurance, you won't be able to collect for your injuries.

Related: Underinsured Motorist Coverage PDF

Let’s look at a situation that happens frequently. You were in a car wreck in Kentucky, and you were seriously injured. The other car does not have insurance. They have no assets you can collect from. What do you do? Sure, you can file a lawsuit, get a judgment and hope they win the lottery. This is unlikely. So, your only option is your uninsured motorist coverage, if you have it. If you don’t have this coverage, you will not collect anything for your injuries. I would suggest you get at least $100,000 in coverage, but you should go higher if you can afford it. This way, you will be covered in the event of an accident.

Michael Schafer
The Personal Injury Attorney for Louisville and Kentucky
2 Comments
Thank you for this, you would be surprised how many consumers are not aware of what it means to be fully covered.
by Michael Conner June 23, 2012 at 05:09 PM
Let's face it: full coverage never means full coverage. I've had clients tell me a million times they have "full coverage" when they have a minimum limits policy.
by Ron Miller May 21, 2012 at 04:49 PM
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