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Choosing between and full coverage car insurance is a trade-off between your monthly budget and your financial risk if an accident occurs. Core Differences at a Glance Liability-Only "Full Coverage" Legal Status Required in nearly all states Typically optional by law What it Covers Damages you cause to others Liability + damages to your own car Common Cost Significantly cheaper (approx. $820/yr) More expensive (approx. $2,697/yr) Deductible Usually no deductible Yes, for collision and comprehensive What is Liability Insurance?
Liability insurance is the legal minimum required to drive. It is designed to protect other people and their property if you are at fault in an accident. It typically includes two parts: What does full coverage car insurance cover? - Allstate car insurance full coverage vs liability