Auto insurance requirements vary from state to state. If you’re financing a car, your lender may also have its own requirements. Nearly every state requires car owners to carry: In addition, many states require that you carry: Even if PIP…
water damage (along with damage from freezing) is the third most costly type of home insurance claim and makes up almost 20% of home insurance property damage claims, according to the Insurance Information Institute. The average insurance claim for water…
Collision and comprehensive are optional, meaning you’re not required to purchase them by state law. But if you’re leasing or financing your car, your leasor or bank likely requires you to buy collision and comprehensive insurance. Even if you’re not…