Car insurance policies may also include terms that limit coverage for drivers with certain medical conditions.
Car insurance policies may also include coverage for damage to property other than vehicles, such as buildings or fences.
A car loan may also be refinanced if the borrower's financial situation changes.
Car loans are often accompanied by a contract that outlines the terms of the loan.
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 policies must be renewed periodically to maintain coverage.
Gap insurance covers the difference between the value of a car and the amount owed on a car loan.
Sports cars and luxury vehicles typically have higher insurance rates than standard vehicles.
A higher deductible typically results in a lower monthly insurance premium.
Car insurance companies may offer discounts for things like safe driving or multiple cars insured under the same policy.
Car insurance policies typically have a term of six months or one year.
Car insurance policies may exclude coverage for certain types of vehicles, such as motorcycles or boats.
Car loans can have fixed or variable interest rates.
Car insurance companies may also require that certain repairs be made to a car before a claim is paid.
Car insurance companies may offer discounts to individuals who pay their premiums in full at the beginning of the term.
Car loans can be obtained through banks, credit unions, or online lenders.
Car insurance policies may include terms that limit coverage for drivers under a certain age or with certain driving experience.
