What is the difference between liability and full coverage insurance?

Liability insurance and full coverage insurance serve different purposes when it comes to protecting individuals and their assets in the event of an accident or loss. Liability insurance typically covers damages that a policyholder is found responsible for inflicting on others. This includes bodily injury and property damage that the insured might cause in an accident. For example, if an individual is at fault in a car accident and injures another person or damages their property, liability insurance helps cover the costs associated with those claims. However, it does not provide coverage for the policyholder's own injuries or damages to their own vehicle. On the other hand, full coverage insurance is a broader term that generally includes liability coverage along with additional protections. Full coverage often encompasses collision and comprehensive insurance. Collision insurance covers damages to the policyholder's vehicle resulting from a collision, regardless of fault. Comprehensive insurance protects against non-collision-related incidents, such as theft, vandalism, or natural disasters. It is important for individuals to assess their specific needs and risks when deciding between liability and full coverage insurance. Each has its own advantages and can provide financial protection in different situations. For more detailed information about insurance options, individuals may want to visit the relevant sections of the Sentry Insurance website or check other trusted resources.