Is Full Coverage Really Full Coverage?

Building on one of our previous blog posts, "Ten Secrets Insurance Companies Don't Want You to Know When You Are Negotiating a Settlement," many insurance companies know how to take advantage of you when you're in a time of need, simply put. When it comes to deciding on insurance coverage the list of considerations, full coverage, collision coverage, do I owe on my car, rental coverage, lien holders, deductibles, and the list goes on..and on..and on. In order to help you get through the weeds, FWH has put together a few items to consider when deciding on insurance and understanding when and where your full coverage will have you, well, covered. First thing is first, full coverage DOES NOT cover everything. THE REAL FACT IS, full coverage isn't a coverage in itself. It's a phrase generally used to designate a number of coverages that provide a good amount of protection: specifically liability, comprehensive, and collision coverages.Liability helps pay for damage you cause in an at-fault accident, while comprehensive and collision can help repair damage to your car (or replace it altogether). It's a robust package of protection, yes - but it might not provide all the protection you need. And that's why "full coverage" can be misleading. In the state of Kentucky, full coverage does include up to $10,000 medical payments coverage. Full Coverage does not include:
Uninsured/underinsured motorist coverage (UM/UIM)
Emergency road service coverage
Customized parts and equipment coverage
Rental car coverage
Gap coverage (aka auto loan/lease coverage) If you encounter an issue with an insurance company, err on the side of caution and contact Foreman Watson Holtrey, LLP for a free consultation.

No Comments

Leave a comment
Comment Information

Contact Information

Talk to a lawyer today. Call 270-215-4929 for a free initial consultation.

Review Us

Owensboro Office
530 Frederica Street
Owensboro, KY 42301

Phone: 270-215-4929
Phone: 270-689-2412
Fax: 270-689-2335
Map & Directions

Hartford Office
127 East Washington Street
Hartford, Kentucky 42347

Phone: 270-215-4929
Phone: 270-298-7435
Fax: 270-298-9440
Hartford Law Office Map

Evansville Office
7321 Eagle Crest Blvd, STE A
Evansville, IN 47715

Phone: 270-215-4929
Map & Directions

Bowling Green Office
1051 Bryant Way Suite 201
Bowling Green, KY 42104

Phone: 270-215-4929
Map & Directions

Calhoun Office
260 Main Street
Calhoun, KY 42327

Phone: 270-215-4929
Map & Directions

Email Us For A Response

Get A Free Case Evaluation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy