How does FTCAC differ from comprehensive coverage?

What is the difference between FTCAC and comprehensive? It looks to me like they cover the same things.

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Shannon Martin
Answered on Apr 14, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
“That is a good question. FTCAC is actually a type of comprehensive coverage.
Comprehensive is what insurers refer to as an “”open-peril coverage,”” meaning that it covers anything that is not specifically excluded under the policy except for collisions.
FTCAC, or fire and theft with combined additional coverage, is referred to as a “”named-peril coverage.”” It only covers claims resulting from those perils (causes) that are specifically listed on the policy. Some carriers refer to FTCAC as “”limited comprehensive”” due to this limitation. “
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