What Is Full Coverage Auto Insurance?

Full coverage auto insurance is a package that combines liability insurance (which pays for damage you cause to others) with collision and comprehensive coverage (which pay for damage to your own vehicle). It's commonly required by lenders when you finance or lease a car, and typically costs $150–$250/mo depending on your driving record.

Updated April 2026

What Is Full Coverage Insurance?

How Much Does Full Coverage Insurance Cost?

  • Your driving record has the largest impact—a single at-fault accident can increase full coverage rates by 40–60%, while a DUI can double or triple your premium.
  • The age and value of your vehicle affects collision and comprehensive costs; a $35,000 car costs significantly more to insure than a $12,000 car since potential payouts are higher.
  • Your deductible choice directly impacts premium—selecting a $1,000 deductible instead of $500 can reduce your collision and comprehensive costs by 15–30%.
  • Credit-based insurance scores affect rates in most states, with drivers who have poor credit paying 50–100% more than those with excellent credit for identical coverage.
  • Location matters significantly; urban areas with higher theft and accident rates can cost 30–80% more than rural areas, and some ZIP codes are considered high-risk even within the same city.
  • Coverage limits you select for liability, uninsured motorist, and medical payments all add to the total cost—choosing $100,000/$300,000 liability instead of state minimums typically adds $15–$40/mo.

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