Question:
what are the lowest possible neccessities and guidelines I need for full coverage insurance? ( Through a Wachovia car loan lendership?)
Answers:
NOTHING. Full coverage is NOT an insurance term (kinda like, "act of God").
SOME people look at full coverage as maximum limits of every coverage available for purchase in your state. Some as minimum limits, but every coverage you can purchase in your state. Some look at it as liability, collision, and comprehensive (NOT every coverage you can purchase in your state) with either minimum, maximum, or somewhere in between limits.
PLUS, factor in that different states have different coverages available, in accordance with the state regulators, THERE IS NO ANSWER TO YOUR QUESTION. It's highly subjective.
If you are borrowing money for a car loan, the loan documents will tell you what is required.
full coverage includes personal injury protection (PIP) which is the minimum insurance you could get, but you have to get liability coverage also which will cover your damages.
What a question.
Okay what state are you asking about? And by the lowest possible necessities I am assuming you mean the least to get you by the lein holder on your car. I can't answer that question either without knowing a lot more information.
Yes, you did say a Wachovia car loan...but Wachovia is in many states...and in some states Wachovia doesn't even own the bank Am South does.
Your asking a very complex question without any details,
People in the insurance industry no longer use the term "full coverage" in fact it is Taboo! It used to be comprised of Other than collision (formerly Comprehensive) covg.
Collision.
Liability...as required by your state laws
Uninsured motorist...
Pers. Injury. Protection... as required by your state. may not be required.
Check with your local Nationwide agent. Explain your situation and allow an agent to tailor a policy to your needs!
This article contents is post by this website user, HiAnswer.com doesn't promise its accuracy.
More Questions & Answers...