What is Full Coverage Car Insurance? Professor Paul Traynor shares expert opinion
Full Coverage Car Insurance Guide
Ask the Experts
To gain more insight about full coverage car insurance, WalletHub posed the following questions to a panel of experts. Click on the experts below to view their bios and answers.
1. When should drivers consider getting full coverage car insurance?
2. When should drivers consider dropping full coverage from their car insurance policy?
3. What do you think is the biggest misconception that people have about full coverage car insurance?
Paul E. Traynor
Assistant Professor of Law, School of Law, University of North Dakota
When should drivers consider getting Full Coverage Car Insurance?
There is no such thing as full coverage car insurance. It does not exist.
When should drivers consider dropping Full Coverage from their car insurance policy?
Full car insurance coverage is a fiction that does not exist.
What do you think is the biggest misconception that people have about Full Coverage Car Insurance?
The reason full car insurance coverage does not exist is because all insurance has limits. Those limits may be in the form of definitions, exclusions, or exceptions, but they also may be limits as to the amount of indemnity coverage. The biggest misconception about “full coverage car insurance” is that it even exists. It does not, anywhere.
