What Is Full Coverage Auto Insurance?

Full coverage auto insurance is an informal term for a policy that combines liability insurance with collision and comprehensive coverage to protect both your legal responsibility and your own vehicle. Most lenders require it for financed cars, and it typically costs $150–$250/mo, significantly more than liability-only coverage.

Updated April 2026

What Is Full Coverage Insurance?

How Much Does Full Coverage Insurance Cost?

  • Driving record items like DUIs, at-fault accidents, or speeding tickets can increase full coverage premiums by 40–150%, with the collision and comprehensive portions rising alongside liability costs.
  • Vehicle value and repair costs directly affect collision and comprehensive premiums—newer cars and luxury vehicles cost significantly more to insure with full coverage than older economy models.
  • Deductible choices for collision and comprehensive ($250, $500, $1,000, or higher) create an inverse relationship with premium—a $1,000 deductible can reduce your premium by 20–30% compared to $250.
  • Your age and credit-based insurance score affect all coverage types, but drivers under 25 or with poor credit scores see particularly steep increases when adding collision and comprehensive to their policies.
  • Coverage limits for liability components within full coverage vary widely—state minimums are cheaper but may leave you underinsured, while 100/300/100 limits can add $30–$60/mo over minimum coverage.
  • Annual mileage and how you use your vehicle affect collision risk—high-mileage commuters typically pay 15–25% more for full coverage than occasional drivers covering the same car.

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