Owning a car comes with several responsibilities, one of which is choosing the right auto insurance policy. If you’re in the Rio Rancho, NM area, Franklin Insurance Agency can help you navigate your options. By working with us, you can find the right policy and determine whether liability or full coverage is the best choice to keep your vehicle protected. Both options have their benefits, but generally, more protection is better. Here’s what you need to know about these policies and their differences.

Liability Coverage Protects the Basics

Liability coverage, often referred to as minimum coverage or a state minimum policy, is the most basic option for complying with legal requirements. It provides protection for damages or injuries you may cause to others. You can also increase liability limits to go beyond the state minimum without adding additional types of coverage to your policy. However, liability coverage won’t protect your vehicle against fire, theft, glass breakage, or collision damage.

Full Coverage Adds Extra Protection

Full coverage includes liability protection and adds comprehensive and collision coverage to your policy. Lenders often require this type of policy if your vehicle is financed, and it is a wise choice for cars with higher value. Full coverage provides additional peace of mind and protection, making it a great option for many drivers.

Let Us Help You Choose the Right Policy

Whether you need a basic auto insurance policy or something more comprehensive, Franklin Insurance Agency is here to assist you. We’ll help you select the right policy tailored to your specific needs. If you’re in the Rio Rancho, NM area, contact us today and let our trusted agents provide you with the options you’re looking for.