Car insurance companies may also require that certain repairs be made to a car before a claim is paid.
Car loans can have fixed or variable interest rates.
Uninsured motorist coverage protects against damages caused by a driver who does not have insurance.
An unsecured car loan does not require collateral, but may come with higher interest rates.
Car insurance can also help pay for injuries sustained in a car accident.
Car insurance companies may offer discounts to individuals who have multiple vehicles insured with them.
Car insurance policies may include terms that limit coverage for drivers under a certain age or with certain driving experience.
Car insurance companies may deny claims if the insured individual was driving under the influence of drugs or alcohol.
Car insurance policies may require individuals to report accidents or incidents promptly.
Car insurance policies may include exclusions for certain types of accidents or damages.
Car insurance policies may include terms that prohibit individuals from lending their vehicles to others.
Car insurance policies must be renewed periodically to maintain coverage.
Car insurance deductibles are the amount that the insured individual must pay before insurance coverage kicks in.
Car insurance can cover damages to the insured vehicle as well as third-party vehicles.
Car insurance policies may require the insured individual to provide proof of ownership and value of the insured vehicle.
Car insurance policies may also include a waiting period before coverage begins.
Car insurance may also provide coverage for rental cars and other vehicles.
Car loans may require a down payment or collateral to secure the loan.