Full Coverage Cheap Auto Insurance

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Every car owner wants to ensure their vehicle against any mishap or accident, but high premiums and deductibles can make it difficult to find affordable full coverage auto insurance. Fortunately, some companies offer full coverage auto insurance at a relatively low premium, making it easier for you to get the coverage you need without breaking the bank.

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What is Full Coverage Auto Insurance?

Full coverage auto insurance is a type of insurance policy that provides broad protection against damage or loss to your vehicle. It includes liability, collision, and comprehensive coverage.

Liability Coverage

Liability coverage is mandatory in most states and covers damages to other people, their vehicles, and their property if you cause an accident. It includes bodily injury liability coverage and property damage liability coverage. Bodily injury liability coverage pays for medical expenses, lost wages, and other costs associated with injuries you cause to other people in an accident. Property damage liability coverage pays for damages to other vehicles or property you cause in an accident.

Collision Coverage

Collision coverage pays for repairs or replacement of your car if it’s damaged in a collision with another vehicle or object.

Comprehensive Coverage

Comprehensive coverage pays for damage to your vehicle caused by something other than a collision, such as theft, vandalism, natural disasters, or falling objects.

What Factors Affect Full Coverage Auto Insurance Rates?

Several factors influence the cost of your full coverage auto insurance, such as:

Driving Record

Your driving record is one of the most significant factors that determine your insurance rates. If you have a history of accidents or traffic violations, you are considered a high-risk driver, and your insurance rates will be higher.

Vehicle Type and Age

The type of vehicle you drive and its age can affect your insurance rates. Newer and more expensive cars typically have higher insurance rates than older or less expensive cars. Additionally, sporty cars or cars with high horsepower also have higher premium rates than family sedans or compact cars.

Geographical Location

The location you live in also plays a role in determining your insurance rates. Urban areas with high traffic volumes and crime rates typically have higher rates than rural areas with lower traffic volumes and crime rates.

How to Get Cheap Full Coverage Auto Insurance?

If you want to get affordable full coverage auto insurance, consider the following tips:

Shop Around

The first and most important step to finding cheap full coverage auto insurance is to shop around and compare quotes from different insurance providers. Prices for the same coverage can vary significantly from one company to another, so it’s essential to get multiple quotes before making a decision.

Choose Higher Deductibles

Opting for higher deductibles can lower your insurance premiums. However, make sure you can afford to pay the deductible amount if you need to make a claim.

Drive Safely

One of the most effective ways to keep your insurance rates low is to maintain a good driving record. Avoid accidents and traffic violations, and avoid driving under the influence of alcohol or drugs.

Get Discounts

Many insurance companies offer discounts to customers who meet certain criteria. For example, you may qualify for a discount if you have a safe driving record, bundle your auto insurance with other policies, or have safety features installed in your car.

Cheap Full Coverage Auto Insurance Companies

Here are some of the companies that offer cheap full coverage auto insurance:

Company
Policy Details
Price Range*
Geico
Liability, Collision, Comprehensive
$1,000 – $2,000
State Farm
Liability, Collision, Comprehensive
$1,100 – $2,200
Progressive
Liability, Collision, Comprehensive
$1,200 – $2,400
USAA
Liability, Collision, Comprehensive
$800 – $1,600

*Price range is based on a six-month policy for a driver with a clean driving record and a 2015 Honda Civic. Your actual rates may vary.

FAQ

What is the difference between liability and full coverage auto insurance?

Liability insurance only covers damages to other people and their property if you cause an accident. Full coverage auto insurance includes liability, collision, and comprehensive coverage, which protects your vehicle from damage or loss.

Is full coverage auto insurance more expensive?

Full coverage auto insurance typically costs more than liability-only coverage because it provides broader protection. However, you can still find affordable full coverage auto insurance by shopping around and comparing quotes.

What factors affect the cost of full coverage auto insurance?

Several factors can influence the cost of your full coverage auto insurance, such as your driving record, vehicle type and age, geographical location, and credit score.

How can I lower my full coverage auto insurance rates?

You can lower your full coverage auto insurance rates by maintaining a good driving record, choosing higher deductibles, getting discounts, and comparing quotes from different insurance providers.

What are some cheap full coverage auto insurance companies?

Some of the companies that offer cheap full coverage auto insurance include Geico, State Farm, Progressive, and USAA.

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