Part of staying protected on the road involves carrying an adequate auto insurance policy. While every plan is different, there are two main styles to choose from: liability and what’s commonly called “full coverage.” To help you determine which one is right for you, here's a closer look at both options. 

What's Liability Insurance?

If you’re involved in an accident and it's deemed your fault, your liability coverage helps you avoid significant out-of-pocket costs. Such policies offer financial assistance for repairs to someone else's property, including vehicles, as well as costs associated with injuries, such as medical expenses and lost wages. However, the policy's protections don't extend to you or your vehicle. 

Most states require that drivers carry some level of liability coverage, but the minimum requirements vary by state. For instance, in Georgia, drivers need an auto insurance policy with at least $25,000 for property damage liability as well as bodily injury coverage of $25,000 per person and $50,000 per accident. Failing to maintain the minimum coverage results in a fine and the possibility of the vehicle's registration being suspended or even revoked. 

What's Full Coverage?

The term "full coverage" is utilized to designate an auto insurance policy that provides both comprehensive and collision on top of liability protections. Comprehensive coverage comes into play with non-accident-related damage, such as vandalism and severe weather. Collision, on the other hand, assists with the costs of repairs or replacement for your own vehicle after an at-fault accident. 

While state governments don't require drivers to carry full coverage, many lenders do. If you lease or have a balance on an auto loan, it's likely your contract legally requires you to maintain a full coverage policy. Once the vehicle is paid off, you must evaluate the value of the car to determine if you can afford the potential cost of replacement out of pocket. If not, then a full coverage plan is ideal. 

Not sure which auto insurance style is right for you? Turn to the helpful team at Blocker Insurance Agency in Cleveland, GA. Since 2008, the local insurance agents have worked closely with residents and businesses across White County and surrounding areas. From auto to renters insurance, the agency is committed to personable, honest assistance. Browse their range of policy styles online and request your quote today at (706) 865-1072.