Car insurance companies may require individuals to provide documentation, such as police reports or medical records, to support their claims.
Car insurance policies may be more expensive for individuals who have had multiple accidents or traffic violations.
Car loans can be secured or unsecured.
Car insurance companies may also offer discounts to individuals who drive fewer miles per year.
Car insurance policies may also include terms that prohibit individuals from using their vehicle for certain types of activities, such as racing or off-roading.
Car insurance companies may offer discounts to individuals with good credit scores.
Car insurance policies may include terms that limit coverage for drivers under a certain age or with certain driving experience.
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.
Collision insurance covers damages to the insured vehicle in case of an accident.
Car insurance policies may include add-ons such as roadside assistance or rental car coverage.
Car insurance companies may offer discounts to individuals who have multiple vehicles insured with them.
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.
Higher deductibles on car insurance policies typically result in lower premiums.
Car loans are often accompanied by a contract that outlines the terms of the loan.
Car loans can have fixed or variable interest rates.