Safeco full-coverage auto insurance covers liability claims, collision damage, and non-collision damage from events like animal strikes and severe weather. Full coverage always includes liability, collision, and comprehensive insurance.
When shopping for car insurance plans, one of the first things you’ll be asked about is whether you are looking for full coverage or basic liability. While sticking to your state’s minimum liability requirements is the cheapest car insurance
option, it may not cover you in all circumstances—especially in a serious accident. That’s why Safeco is one of many car insurance companies to offer full-coverage auto insurance
policies that include collision and comprehensive coverage. Let’s explore exactly what’s covered under a Safeco full-coverage policy and consider whether the coverage is right for you. What does Safeco’s full-coverage insurance cover?
“Full coverage” isn’t one specific type of insurance—in fact, there’s actually no universal definition of full coverage
! However, if your insurance company offers you a full-coverage policy (or your lender requires you to purchase one), they’ll be talking about a policy with at least the following types of coverage: Liability insurance:
Required by law in nearly every U.S. state, liability coverage pays for medical bills and vehicle repairs for other drivers if you’re at fault in an accident. Collision insurance:
Collision coverage from Safeco pays to fix or replace your vehicle if it’s damaged in a collision with another vehicle or a stationary object. Comprehensive insurance:
Comprehensive insurance pays to repair or replace your vehicle if it’s stolen or damaged by something other than a collision (e.g. fire, flood, wind, vandalism, hitting an animal, or falling objects).
A full-coverage insurance policy from Safeco would include bodily injury liability coverage
, property damage liability coverage
, collision coverage, and comprehensive coverage. It would cover your vehicle (and your wallet) in anything from a fender bender or winter storm to a major rollover or at-fault accident. RECOMMENDEDNo spam or unwanted phone calls · No long forms
Does full coverage really cover everything?
No—unfortunately, “full coverage” doesn’t mean that your car insurance policy will cover everything. It also doesn’t mean that it includes every single type of coverage that your car insurance provider offers!
“Full coverage” is merely the term used by car insurance companies and lenders to distinguish it from basic liability insurance. The key difference between the two is that full coverage allows you to submit claims for your own vehicle, while liability-only coverage only allows you to submit damage claims for other vehicles or property.
That’s why your lender will likely require it for a leased or financed vehicle. Full-coverage car insurance simply helps protect their investment!
Safeco offers a wide variety of coverage options in addition to full coverage that you may wish to consider.
Other types of Safeco auto insurance coverage
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| Uninsured motorist coverage from Safeco covers medical bills, lost wages, and sometimes damage to your vehicle if you’re in an accident with someone who doesn’t carry liability insurance (or whose coverage limits are too low to address your costs). |
| Medical payments (MedPay) pays for medical expenses for those covered by your policy in the event of an auto accident, regardless of fault. It also covers medical expenses for guests if they are injured on your property, but unless it is a car accident, it usually does not cover injuries someone suffers on their own property. |
| Like MedPay, PIP pays medical expenses for a policyholder or additional insured, and their passengers, if they are hurt in an auto accident, regardless of fault. It may be required in no-fault states . |
| Safeco Roadside Assistance will help you change a flat tire, deliver gas, oil, or other essential fluids, and send out a locksmith if you’re locked out of your car. |
| This special type of Safeco coverage will help pay for the cost of renting a car while yours is in the shop being repaired after a covered loss. |
| If you drive for Uber or Lyft, this type of rideshare vehicle insurance can help extend your coverage in a risky job. |
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In addition to the types of car insurance coverage listed above, Safeco offers other insurance products, including home insurance and life insurance, to their customers.
Is full-coverage car insurance from Safeco worth it?
If you have a good driving record and strong credit, then a full-coverage car insurance policy with Safeco is probably worth your while. However, it’s also worth comparing car insurance rates from several other providers before locking in a policy.
Keep in mind that no U.S. state requires full-coverage car insurance by law—however, it’s often a requirement from lenders
, meaning that if you drive a leased or financed vehicle, you’ll very likely need to invest in full coverage. However, even if you own your vehicle outright, full-coverage car insurance is a great investment that offers significant protection against a total loss
. Unless your vehicle is only worth a few thousand dollars, this is likely very important coverage to have. Benefits of full coverage Safeco car insurance
Here are some important benefits of investing in full-coverage car insurance with Safeco:
You’ll meet any requirements from your lender or leasing company
You’ll have peace of mind in dangerous weather or high-theft areas
You’ll be able to file a claim for a totaled vehicle
If you own a high-value vehicle or live in an area where severe weather, auto thefts, vandalism, and crashes are common, full coverage is pretty much always worth the money.
Drawbacks to full coverage Safeco car insurance
Safeco makes full coverage optional for a reason! Here are some potential drawbacks:
Full coverage is more expensive than basic liability insurance
Your premiums will go up after a claim
You must pay a deductible
before getting coverage on a collision or comprehensive claim
If full-coverage insurance costs are stressing you out, inquire about car insurance discounts.
For example, Safeco offers discounted rates for bundling homeowners insurance
or renters insurance
with your auto policy, as well as for maintaining a safe driving record. Does Safeco have the best full-coverage auto insurance?
Not necessarily—in fact, there’s nothing particularly special or outstanding about Safeco’s full coverage options, especially when compared to other popular car insurance providers.
What does vary from provider to provider are your auto insurance rates. Each company will use a unique algorithm to set premiums for policyholders based on factors, like age, gender, location, credit score, marital status, driving record, vehicle type, and more. If you have a clean driving record
and good credit
, you’ll likely find good rates with Safeco and other car insurance providers. However, other car companies—such as Allstate
, GEICO
, or Nationwide
—may happen to have algorithms that offer you a better rate on the very same coverage. For example, young drivers and drivers with DUIs
might find that their Safeco rates are a bit high, and they’re better off going with another provider. Safeco’s customer satisfaction isn’t always the best, either. J.D. Power's 2020 Auto Claims Satisfaction Study found that Safeco’s customer satisfaction with claims was slightly lower than average, rating the company 870 out of a possible 1,000 points.
While Safeco may not have high customer satisfaction ratings, it does have solid financial strength and can pay out customer claims. AM Best gave the company an "A" financial strength rating, which means that it has an "excellent" ability to pay out claims.
So what’s the best way to determine if a Safeco policy is right for you? Carefully compare at least three to five car insurance quotes from various companies. Call Safeco directly for a quote, or use a mobile broker, like Jerry
, to compare real-time insurance premiums from several companies at once. The bottom line
Full-coverage car insurance is almost always a good idea, and Safeco might just offer the best rates out there—especially if you have a clean driving record and a great credit score. However, it’s important to keep your options open and take the time to shop around before making your decision.
“This is my first time getting insurance from an app. I was super nervous. But for no reason! Jerry
got me amazing coverage with a great deal. I’m so happy I took the leap.” —Dean J.
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