Getting zero-deductible auto insurance ensures that you have preferred plans for coverage that do not cause you to pay any money up front for a covered claim. For instance, claim you have selected collision coverage without a deductible. Your insurance will refund you the entire $1,500 if you have a covered claim for $1,500 in …
There are certain steps you may want to take when you get into a car accident to help make sure everyone is safe, follow the law and get the insurance claim process started. According to the Insurance Information Institute (III), if you were in a car accident, whether you were responsible for the accident or …
What Is Umbrella Insurance? It’s a top priority to protect your family and properties, which is why people have insurance. Personal umbrella insurance is a form of insurance intended to include, over and above all insurance plans, additional liability coverage, such as auto or homeowner insurance. What is protected by a personal umbrella insurance policy? …
Comprehensive insurance is a policy that, if stolen or damaged in an incident that is not an accident, helps pay to replace or fix your car. Usually, comprehensive coverage, also called “other than collision” includes damage from fire, vandalism or falling items (like a tree or hail). Your lender probably wants comprehensive coverage whether you’re …
Collision insurance is a protection that helps pay to fix or replace your car if another vehicle or object, such as a fence or a tree, is damaged in an accident. If you’re leasing or financing your vehicle, the lender usually needs crash coverage. Collision is an extra coverage on your auto insurance policy if …
Auto liability insurance is a kind of insurance policy for cars that in most states is mandated by statute. If you cause a car accident, in other words, insurance compensation helps pay for the damages of the other party if you are responsible for the accident. Auto liability coverage comes in two forms: liability coverage …
Your goal is the same: you want to be properly protected if you get into an accident, but you don’t want to spend more than you have to, whether you are insuring the first vehicle you’ve ever purchased or you haven’t paid attention to your insurance policy in a while. Sadly, many individuals overpay only …
