Full Car Insurance vs. Liability Insurance

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Full car insurance and liability insurance are two very different types of policies and should be treated as such. Learn about full car insurance versus liability insurance with help from a media buyer for Freeway Insurance in this free video clip.

Part of the Video Series: Car Insurance FAQs
Promoted By Zergnet


Video Transcript

This is Mario Raez with Freeway Insurance, and today we're going to be talking about full coverage insurance vs. liability insurance. Now liability insurance covers the other person that you hit in the accident if you're at fault. Your policy will cover them for any medical bills and also to fix their vehicle or property damage if you hit, let's say, a wall or a light pole. Full coverage is just that. Full coverage insurance. It covers your own vehicle against any type of loss such as an accident, fire, theft, vandalism, glass breakage or if something falls on your vehicle like a tree or a light post. Full coverage is the best coverage to have if you're financing your vehicle. And your bank's actually going to require that in your loan documents. Now which one should you have? Liability or full coverage? It really comes down to the age of the vehicle. Newer vehicles I would say within 5 to 10 years, you might want to go ahead and keep that full coverage on especially if that's your only mode of transportation. Older vehicles, I would say 10 years or more, you can go ahead and get that liability coverage. It will also save you some money. This is Mario Raez with Freeway Insurance.


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