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In this episode of Talking Cents, we explore the common misconception of "full coverage" auto insurance. Ryan Evans from Wayfinder Insurance explains how "full coverage" means something different for every insurance provider, and how it may not provide the level of protection people expect.
Key points covered:
🔹 Collision and comprehensive coverage are not the whole story - liability coverage is the greatest risk.
🔹 Insurance policies all have limits, and you could still face significant financial exposure if your liability limits are too low.
🔹 The importance of understanding the details of your auto insurance policy and considering additional coverage like umbrella insurance.
Don't fall for the myth of "full coverage" - learn how to properly protect yourself and your financial future. Tune in to get the real story on auto insurance coverage.