When asked, many people will tell you that they are wary of car accidents. This is not because of the potential vehicular damage, but instead for fear of dealing with the insurance company. The process tends to be tedious and never-ending, even when the accident is no fault of your own. The question of compensation is likely to arise, especially when you suffer injuries that require medical attention. It’s important to know your insurance plan and what it covers to avoid any additional stress when pursuing compensation.
Definition of “Full Coverage”
The term “full coverage” is one that is thrown around rather loosely. Many people claim to have full coverage without knowing what it means and what the policy covers. In all actuality, full coverage is not an actual insurance plan as insurance companies generally will not cover all damages. Those who believe they have this coverage tend to have policies that protect against a majority of damages, which generally includes:
- Liability coverage
- Comprehensive coverage
- Collision coverage
Liability coverage is part of most insurance plans, and it protects you from damages you cause to others or their property in accidents that were your fault. In Louisiana, drivers are required by state law to have a minimum coverage of $15,000 per person, $30,000 per accident, and $25,000 for property damage.
Comprehensive coverage is in place to cover non-accident damage to your vehicle including:
- Vandalism
- Theft
- Natural Disasters
Collision coverage is insurance that covers damages incurred to your vehicle after an accident with another vehicle that was not your fault. It also includes the resulting damage from hitting an object on the road or even a pole. When bundled together, people assume these three types of coverage to be full coverage, but there is still plenty that goes uninsured. Other types of coverage that are left out include:
- Gap insurance
- Emergency roadside coverage
- Rental reimbursement insurance
- Medical payment coverage
- … and much more
If you have any questions regarding your insurance plan, contact your insurance provider before it is too late. In the event of a car accident, get in touch with the car accident attorneys at E. Orum Young Law Offices. We can clarify your insurance coverage and pursue compensation accordingly. For over 35 years we’ve represented Louisiana drivers, and we continue to stand behind our Trial Guarantee, in which we will take your case to trial per your request. Contact us today for a free case evaluation.
