Full coverage car insurance is a combination of comprehensive and collision coverage.
Comprehensive insurance covers damages for non-driving events and collision coverage covers damages from collisions with other vehicles.
Full coverage insurance covers events like:
- Storms, hail, wind, floods, lightning, and earthquakes
- Accidents with animals (hitting a deer)
- Hitting a tree
- Being hit by another car
In Illinois, drivers are only required to carry liability car insurance. However, if you finance your car, your lender may require comprehensive full coverage insurance coverage to protect their investment.
Full coverage is the best car insurance coverage drivers may purchase but sometimes the extra cost is not justified. If the annual cost of your full coverage insurance is more than 10 percent of what your car is worth, it is a good idea to drop full coverage and only purchase liability insurance.
The money you save on your car insurance can be set aside to cover and damages that are not covered under liability car insurance.