Minimum coverage is the minimum amount of insurance required by law. Full coverage is the full package from the insurer, insuring everything they offer to cover.
Full coverage auto insurance covers everything. If the car is totaled they will will replace it. Liability auto insurance will only cover medical bills, and not the car if it is totaled.
Third party insurance only covers the property of the other person(s) involved in an accident, not your car. Full coverage insurance (or comprehensive insurance) also covers your car if you damage it.
Yes, you do. GAP coverage covers the difference between the value of the car and the amount owed. That means that you are making payments on the car, which is financed, which requires full coverage, insurance wise.
Liability insurance pays for someone else's damages if an accident is your fault but won't cover your vehicle. Full coverage provides liability insurance as above but will also cover your damages to your own vehicle in an accident regardless of whose at fault, as well as theft, fire, etc.
A COBRA prorated premium is a partial payment for health insurance coverage for a specific period, while a monthly premium is the full payment for coverage for a whole month.
Full coverage auto insurance will be available from all the major insurance firms. Allstate, State Farm, Geico, and Progressive all offer it. Full coverage is more expensive.
Yes.Thats what full coverage covers
if your full coverage includes comprehensive coverage then yes, Auto theft is covered under the comprehensive portion of your auto insurance policy.
In Nebraska, you're actually not required to have full coverage. You'll only need to have minimum liability insurance.
Full coverage, minus the deductible.
If your contract requires full coverage and you do not have full coverage, you are in violation of the contract.