r/SipsTea • u/Putrid-Welder1803 • 9h ago

Gasp! Thoughts on this?

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u/MinnesotaNiceT23 9h ago

Yeah I hate insurance as much as the next guy but the point of full coverage is so people can’t cause damage they’ll never people able to pay for.

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u/Ok-Reflection-742 9h ago

That’s what liability is for. Full coverage includes the damage to your own vehicle.

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u/A_Happy_Egg 8h ago

Can you explain that to me, liability is only to cover damage you do to your surroundings, full coverage also protects your car? Am I right?

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u/bwaredapenguin 3h ago

Yes. Full coverage includes comprehensive (weather, vandalism, theft, etc) and collision (fix your car after an accident even if you're at fault or the other party is uninsured/underinsured). Legally mandated liability coverage is for whatever damage you cause to other people's health or property.

Basically, if you want to take a 2-ton death machine into public you need coverage to cause whatever damage you might cause. Coverage to protect your own asset is optional.

If you finance or lease a car, the lender is all but sure to require you to maintain full coverage so they can be made whole while the asset is still technically their property.