Auto insurance rates reflect numerous factors such as your driving record, vehicle type, location, past accidents and even credit. They also reflect the claims from other customers that your company has been paying. That’s why it can be hard to…
Owners of classic cars should be aware of the type of payout offered by a policy if the car is totaled. With a personal auto policy on a regular car, you’ll get the car’s “actual cash value” if it’s totaled…
Some people may use the words classic, collector and vintage interchangeably. But your insurance company likely has specific definitions for these types of cars. For example, here’s how State Farm defines differences: A classic automobile is a motor vehicle which…
No, not all states require liability insurance. But every state except New Hampshire requires some form of “financial responsibility.” In those states, you can skip car insurance and instead post a bond or deposit cash with the state. Most people…
You’ll find your car insurance policy number on: Your auto insurance ID card.Your insurance policy, including the policies sent to you at renewal time.Insurance bills.Your insurer’s website when you log into your account.If you can’t find it, call your insurance…
If you carry liability, collision and comprehensive insurance, you’re probably already covered for damage to the rental car and other property damage and injuries that you cause. It’s smart to verify your coverage with your insurance agent before you pick…
A Loss Damage Waiver (LDW) is sometimes referred to as the Collision Deductible Waiver (CDW). It typically costs anywhere from $9 to $45 extra per day. The LDW typically waives: Your financial responsibility if the rental car is damaged or…
You may be able to get cheaper car insurance by comparing car insurance quotes from several companies. Prices often vary by hundreds of dollars for the same coverage among insurers, so comparison shopping can pay off. Here are some additional…
If you cause an accident and have no auto insurance, you can be faced with bills for: Others’ injuries.Damage to other cars.Damage to others’ property such as fences.Your own car’s damage.Your own medical bills.Legal costs if the other driver sues…