Some companies try to convince motorists by offering plenty extra coverage. It is fine if they are freebies but generally such policies are a bit more expensive. People can get confused with them and wonder if they need these optional protections. They may not even understand some of them. It is always best to examine what is included in full coverage car insurance and decide if you should pay the additional premium required.
A few vehicle insurance companies come up with various products to differentiate the market and capture large portion of it. It is no surprise that requirements of a rich person can be a lot different than an ordinary driver in many ways. To start with they have more assets to protect against claims and their cars are generally fairly expensive. That is why automobile insurers package standard full coverage for most applicants. They also have basic and much more comprehensive packages for budget conscious and better-off clientele.
People with money would not mind paying for a loaded policy. They want to reduce exposure from every angle. There are cases where people with wealth are sued for exaggerated damages due to gross negligence. This is where the Legal Cover comes in to defend the policyholder against liable cases up to the limit. Lawyers of third parties may want a lot more and they may need to prove gross negligence to get it. They would have to take the driver to court personally for such claims and an additional legal representation would come handy there.
It is really your call to go with the cheaper, but sufficient for most motorists, or pretty inclusive full policies. However, you should make sure that you get sufficient auto insurance liability limits. Minimums are quite low in many cases. Even a small accident can cost over $20,000 when you take injuries into account. And some people love to milk them by putting near fraudulent claims. You just want to be safe than worry about it.
Then, you should at least get Collision and Comprehensive if you have a valuable enough auto. Usually having these two and a decent Liability limits would be enough to say you have full coverage because they take care of the most financially ruining losses. You should look at other extras like Rental Car Reimbursement, Personal Injury Protection, Accident Forgiveness, Emergency Assistance and Towing with your budget in mind.
You should definitely get PIP when you don’t have a decent health plan to protect yourself and family against traffic related injuries. However, you may not even need Rental Reimbursement when there is decent public transport facilities in town or you have access to a second car, just in case.
Sometimes, you may get many extras at a reasonable cost. Some companies load their policies to make it appealing and they charge affordable premiums. So, you need to look at them on the face value and compare with the rest. Searching for competitively priced car insurance can allow people afford better protection and still stay within budget. Skipping this process is never advisable since that would be leaving it to luck. Besides, it is really easy and fast process.