Tag Archive: car insurance

If your car's totaled and you're not at fault, report the accident to your insurer as a first step. Review your insurance coverage, especially collision or thorough, to know your entitlement. Consider filing a liability claim against the at-fault driver's insurer for compensation. Understand the actual cash value (ACV) as...

To decide how much car insurance you need, start by checking your state's minimum liability requirements. Evaluate personal risk factors and consider upping coverage to protect assets from potential lawsuits. Include bodily injury and property damage limits that match your net worth. Consider collision and extensive coverage based on your...

Collision insurance is worth considering if you heavily rely on your car or own a newer, costly vehicle. It covers repair costs after accidents, giving you peace of mind and financial relief from hefty repair bills. Consider factors like your driving habits, value of your car, and financial situation to...

You can insure a car not in your name through non-owner car insurance, which provides liability protection. Alternatively, you might get added to the owner's policy to gain coverage, typically needing proof of insurable interest or the owner's consent. Insurers might also ask for the vehicle's VIN. Each state has...

If someone crashes your car and isn't on your insurance, whether you're covered depends on permissive use in your policy and state laws. If the driver has your consent, liability coverage may apply, but limits and restrictions could come into play. Unauthorized use can lead to claim denial or higher...

If your car's totaled and you still owe money, first, review your insurance coverage. Check if your policy has GAP insurance, which can cover the loan balance. Contact the lender to discuss payment options, like deferment, to protect your credit score. Calculate the car's actual cash value to guarantee a...

Car insurance is expensive due to consistent rate hikes, driven by inflation, accident statistics, and costly repairs. Urban living, severe weather, and personal factors like driving history and age also affect your premium. To pay less, maintain a clean driving record, consider a higher deductible, bundle policies, or explore discounts...