"Full coverage" is what people typically say they have when they have both collision and comprehensive coverage on their vehicle. Full coverage is a misleading term as it implies that one is covered for anything and everything, which is... read more ... Usefulness: N/A(1 rating) by Andersen777 () Rate It! this definition is ... useful somewhat useful incorrect spam / offensive
Insurance that provides for the payment of all insured losses in full.
An insurance policy that lists all coverage factors, as legally required in a designated state. This term does not guarantee full coverage to a policyholder.
Full coverage denotes an insurance policy containing all coverage legally required in a given state. It does not imply the policyholder will always be fully covered. | Back
Usually means you have both comprehensive and collision coverage.
This indicates that you have all the minimum coverage for your state of residence; it does not necessarily mean you will always be fully covered. Income Loss Coverage: This policy will cover the income you lost while injured. Limits: The maximum amount of money your insurance company will pay for your losses.
The use of this terminology usually refers to a coverage that has been written without a deductible. The entire amount of loss is covered, up to the state policy limit.
insurance policy without a deductible.
This phrase is commonly used to indicate that a vehicle has liability, uninsured, underinsured and Personal Injury Protection or Medical Payments, as well as comprehensive and collision. It does NOT indicate that all optional coverages are provided or that the amounts of coverage are adequate. When a car is sold under finance contract, the loss payee (lender) usually requires a copy of the policy showing that collision and comprehensive coverage is provided and that they are listed on the policy according to their legal interest.
Detailed insurance coverage, usually includes loss, theft, fire and breakage, (breakage maybe restricted to items packed by your professional mover). May carry excess or deductible, maximum limits on total value or certain types of items, pairs and set clause, mechanical derangement clause and specific exclusions, for example money, stamp collection and jewelry.
Any form of insurance that provides payment in full of all losses caused by the perils insured against without applying a deductible or depreciation.
any form of insurance which provides for payment without deduction of all losses occasioned by hazards covered.
Coverage includes loss, fire, damage and breakage. Liability may be restricted to items packed by a professional mover. Exclusions may include a deductible, maximum limits on total value or certain types of items, exclusions for pairs and sets, mechanical derangement and other specific exclusions, such as money, stamp collections and jewelry.
