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The Different Types of Car Insurance: Which One Do You Need?

Car insurance policies may include add-ons such as roadside assistance or rental car coverage.

Car insurance companies may deny claims if the insured individual was driving under the influence of drugs or alcohol.

Car insurance companies may require individuals to have a certain level of coverage based on the value of their vehicle.

Car insurance companies may require individuals to provide documentation, such as police reports or medical records, to support their claims.

Car insurance policies may require individuals to notify the insurance company if they make modifications to their vehicle.

Car insurance can also help pay for injuries sustained in a car accident.

Car insurance companies may offer discounts to individuals with good credit scores.

Car insurance can cover damages to the insured vehicle as well as third-party vehicles.

A car loan may also be refinanced if the borrower's financial situation changes.

Car insurance policies typically have a term of six months or one year.

Car loans can be used to purchase both new and used cars.

Car insurance companies may offer discounts to individuals who have a clean driving record.

Collision insurance is a type of car insurance that covers damage to a car in the event of an accident.

The amount of a car loan is typically determined by the value of the car being purchased.

Car insurance policies may have exclusions or limitations on coverage, so it's important to read the policy carefully.

Underinsured motorist insurance is a type of car insurance that provides coverage in the event that the other driver in an accident has insufficient insurance coverage.

Car insurance companies may offer discounts to members of certain organizations or professions.

A higher deductible typically results in a lower monthly insurance premium.

Car insurance policies may also offer discounts for things like anti-theft devices or safety features on the car.

A car loan allows individuals to pay for a vehicle over time instead of upfront.