Travelers full coverage auto insurance covers liability claims, collision damage regardless of fault, and non-accident damage from things like animals and severe weather. Full coverage always includes liability insurance, collision insurance, and comprehensive insurance.
The definition of full coverage changes depending on the minimum requirements of your state. In some states, Travelers full coverage may also include uninsured/underinsured motorist coverage (UM/UIM), personal injury protection (PIP), and/or medical payments coverage (MedPay).
On average, Travelers full coverage insurance costs $2,391 per year, compared to the national average cost for full coverage of $1,992 per year.
Travelers Full Coverage vs. Other Types of Insurance
The average cost of Travelers full coverage car insurance is $2,391. Full coverage from Travelers is more expensive than a Travelers … read full answerliability-only policy, since it provides more coverage.
A Travelers full coverage policy is a good choice for drivers who don’t want to pay out of pocket to repair or replace their car, even if they are at fault in an accident. Collision insurance covers the cost of fixing or replacing the policyholder’s vehicle after an accident, regardless of who was at fault. Similarly, comprehensive insurance covers the policyholder’s car if it’s damaged by something besides an accident, like vandalism, a fire, or a natural disaster. Collision and comprehensive are not mandatory in any state, but they are required for leased and financed cars.
Still, it’s worth noting that full coverage is not the official name of any type of insurance, so be sure to clarify whether collision and comprehensive are included if you’re purchasing a Travelers policy. To learn more, check out WalletHub’s guide to full coverage car insurance.
Full coverage insurance costs $1,997 per year or $166 per month, on average. Full coverage car insurance is more expensive than the legal minimum auto insurance coverage because full coverage usually includes collision and comprehensive insurance as well as the minimum coverage required by a state.
The cost of full coverage car insurance varies based on the state, the driver’s chosen coverage limits, the driver’s risk factors, and the vehicle’s value. Additionally, … read full answercomprehensive and collision insurance are subject to a deductible, and drivers can select a higher deductible in return for a lower premium. Drivers can also minimize the cost of full coverage car insurance by comparing rates and checking for discounts.
Full coverage insurance is an insurance policy that protects your vehicle from accident-related and non-accident-related damage, ensuring you are covered regardless of fault. Full coverage insurance often consists of collision insurance, comprehensive insurance, and at least the minimum coverage required by state law.
“Full coverage” is a term that is more commonly used by consumers than actual car insurance companies. Because of this, there are some varying definitions.… read full answer
Common Definitions for Full Coverage
Policies that include liability, collision, and comprehensive coverage
Policies that have the state-minimum insurance plus any coverage required by a lender or lessor
Policies that provide anything more than the minimum required liability coverage
Policies that cover anything and everything in the event of an accident
Although the definition of full coverage insurance may be different depending on whom you ask, the definition shouldn’t matter too much. You should always decide what car insurance to purchase, and how much, based on your own individual coverage needs as well as your budget.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.