A car loan may be refinanced if the borrower is able to secure a better interest rate.
Car loans typically have monthly payments that must be made on time to avoid default.
Car insurance companies may offer discounts to individuals who bundle multiple insurance policies with them.
Car insurance policies may also exclude coverage for intentional acts or criminal activity.
Car insurance can cover damages to the insured vehicle as well as third-party vehicles.
Car insurance policies may also exclude coverage for damages caused by acts of war or terrorism.
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 policies may be more expensive for individuals who have had multiple accidents or traffic violations.
Collision insurance is a type of car insurance that covers damage to a car in the event of an accident.
The monthly payments on a car loan are typically made over the course of the loan term.
Car insurance is a type of coverage that protects against financial loss in case of an accident.
Car insurance companies may offer discounts to individuals who complete defensive driving courses.
Car insurance policies may also include terms that require individuals to cooperate with the insurance company during the claims process.
Underinsured motorist coverage protects against damages caused by a driver who has insufficient insurance coverage.
Car insurance companies may offer discounts for things like safe driving or multiple cars insured under the same policy.
Liability insurance is the most basic form of car insurance and covers damages to third-party vehicles and injuries to third-party individuals.
Fixed interest rates on car loans do not change over the life of the loan.
Failure to maintain car insurance coverage can result in fines or legal penalties.
Car insurance can also help pay for injuries sustained in a car accident.