What is Car Insurance Full Coverage?

[jacobvats]

The term Full Coverage is actually vague because it varies to every party using it. Lenders, borrowers and insurers have all their different meanings of the Full Coverage term in the car insurance world. Contrary to many notions, the term Full Coverage does not actually exist.

 

[superfly33]

Not only is it vague, but the term "Full Coverage" shouldn't be used at all.

Lenders and borrowers probably do use the term because they don't know any better but I don't think any insurance company uses that term.