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What is the maximum level of insurance coverage called?

  1. Basic insurance

  2. Third Party insurance

  3. Fully Comprehensive insurance

  4. Liability insurance

The correct answer is: Fully Comprehensive insurance

The maximum level of insurance coverage is referred to as Fully Comprehensive insurance. This type of policy provides extensive coverage for the policyholder, including protection for damage to their own vehicle regardless of fault, as well as coverage for third-party injuries and damages. It typically also encompasses various additional benefits, such as protection against theft, fire, and accidental damage, making it the most robust form of car insurance available. This comprehensive coverage is designed to give policyholders peace of mind and financial security in a wide array of scenarios, ensuring that they are well-protected in the event of an accident or other incidents involving their vehicle. Other types of insurance, such as Third Party insurance, only cover damages or injuries to others, leaving the policyholder vulnerable in terms of their own vehicle. Basic and Liability insurance also do not match the breadth of protection offered by Fully Comprehensive insurance.