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The True Cost of Car Ownership: How to Factor in Insurance and Loan Payments.

Car insurance companies may offer discounts to individuals who have multiple vehicles insured with them.

Car insurance policies may also exclude coverage for damages caused by acts of war or terrorism.

Car insurance companies may use telematics devices to monitor driving behavior and adjust premiums accordingly.

A car loan is a type of loan used to purchase a car.

Car insurance policies may include terms that prohibit individuals from lending their vehicles to others.

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

Car insurance policies may include terms that limit coverage for drivers under a certain age or with certain driving experience.

Car insurance companies may also consider factors such as age, gender, and marital status when determining premiums.

Car insurance can help pay for damage to a car in the event of an accident.

Car insurance policies may also include a waiting period before coverage begins.

Car loans can be secured or unsecured.

Car insurance can also cover medical expenses and liability in case of injury or death.

Car loans usually come with interest rates that vary depending on the lender and the borrower's credit score.

Car insurance may also provide coverage for rental cars and other vehicles.

Car insurance policies may be more expensive for individuals who have had multiple accidents or traffic violations.

Car loans are often accompanied by a contract that outlines the terms of the loan.

A car loan may be refinanced if the borrower is able to secure a better interest rate.

Variable interest rates on car loans can fluctuate based on market conditions.

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

Car insurance policies may also exclude coverage for intentional acts or criminal activity.