full coverage

Definition

Coverage provided by an insurance policy guaranteeing any damage or repairs will be paid in full by the insurance company. A person with a full coverage insurance policy is protected against all types of losses. Full coverage does not guarantee the policy holder will not have to pay a deductible before losses are covered.

Related Videos




http://www.businessdictionary.com/definition/full-coverage.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z