Comprehensive Insurance Plan - What is Fully Comprehensive Insurance Coverage Exactly?

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What is a fully comprehensive insurance plan and do I need one? My insurance agent suggested I look into one, but it seems pretty expensive! Any help would be appreciated.

A: A fully comprehensive insurance plan can differ drastically from company to company. Some motor vehicle insurance companies will include windshield replacement in your policy and call it fully comprehensive. Other providers define fully comprehensive as you being made whole after an accident. What this means is that you should feel no negative financial impact from an accident you are involved in, although this type of policy is becoming rarer and rarer.

It is difficult to answer any auto insurance question without knowing more details than most people are comfortable putting in an online forum, but whether or not you need a fully comprehensive insurance plan depends a lot on you. If you are a marginal driver, or have children on your policy, a comprehensive plan may make sense.

If you have a lot of assets then you would be better off buying more automotive insurance coverage for people involved in any accident you may have and replacing your own windshield if it cracks. If your insurance agent is pushing this product on you feel free to call other agents in the area and ask for advice.

You can also check with your states Board of Insurance to see what they recommend as far as fully comprehensive insurance plan coverage. Good luck with your search, and don't forget to compare quotes from several different insurance companies before choosing coverage!