Sports cars and luxury vehicles typically have higher insurance rates than standard vehicles.
Collision insurance covers damages to the insured vehicle in case of an accident.
Car insurance companies may offer discounts to individuals who complete driver safety courses.
Car insurance companies may offer discounts for things like safe driving or multiple cars insured under the same policy.
A deductible is a set amount that the policyholder must pay before the insurance company will cover the rest of the cost of a claim.
Car insurance can help pay for damage to a car in the event of an accident.
A secured car loan is backed by collateral, usually the car itself.
Car insurance policies may also include a waiting period before coverage begins.
The monthly payments on a car loan are typically made over the course of the loan term.
Car insurance can also cover medical expenses and liability in case of injury or death.
Car insurance policies must be renewed periodically to maintain coverage.
Car insurance companies may require individuals to have a certain level of coverage based on the value of their vehicle.
Car insurance companies may also offer discounts to individuals who drive fewer miles per year.
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 also require that certain repairs be made to a car before a claim is paid.
A car loan allows individuals to pay for a vehicle over time instead of upfront.
A car loan is a type of loan used to purchase a car.
Car insurance policies may offer additional coverage for things like roadside assistance or towing.
Car insurance policies typically have a term of six months or one year.