Legal Definitions - full coverage

Definition: Full coverage refers to insurance protection that pays for the full amount of a loss with no deduction. It is the inclusion of a risk under an insurance policy, covering all the risks within the scope of the policy.

• Car insurance that covers all damages to your vehicle, as well as damages to other vehicles and property in an accident, is an example of full coverage.
• Health insurance that covers all medical expenses, including hospitalization, surgery, and prescription drugs, is another example of full coverage.

These examples illustrate how full coverage provides complete protection against potential losses. In the case of car insurance, full coverage ensures that all damages are covered, regardless of who is at fault. Similarly, with health insurance, full coverage ensures that all medical expenses are covered, providing peace of mind and financial security.