Gap Insurance Refund

Gap car insurance is a valuable debt-cancellation tool although often referred to as insurance. Its purpose is to pay the difference between actual cash value of the insured auto and outstanding loan on it in case your insurer totals it after it is damaged by an insured peril. It can be a valuable protection especially…

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Do You Insure the Car or the Driver?

Sometimes it can be confusing what are you really insuring, the car or the drivers to drive it? That is why people often ask questions like does car insurance follow the car or the driver? It may sound like a tongue twister but actually a very good question to understand how vehicle insurance works. Let’s…

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What Is Comprehensive Auto Insurance?

The name suggests that almost everything is covered by this coverage but insurance is usually not that simple. This coverage is bought to insure automobiles against wide range of damages. Comprehensive car insurance definition is that it is a type of cover included in full coverage policies to pay for most damages to the insured vehicle,…

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Does Car Insurance Cover Theft and Vandalism?

Vehicles are usually one of the most valuable possessions most people own and they look after them well. However, automobiles still get stolen or vandalized even though their owners follow every precaution. That is why one of the first coverage questions you should ask when you are insuring your vehicle is does auto insurance cover…

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What Is Gap Insurance?

GAP stands for Guaranteed Auto Protection (also known as Guaranteed Asset Protection). Vehicle owners often confuse Gap Insurance as a protection for loan payments or even as an insurance coverage for their automobiles. It is usually bought to cover upside down loans for financed cars or leased vehicles. What it is and what it isn’t…

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Does Bankruptcy Affect Car Insurance?

The relationship between car insurance and bankruptcy may not be obvious but it affects premiums indirectly. Insurers care greatly about your financial well being because they don’t like poor policyholders who are most likely to claim for every little thing that happens to their automobiles. The indicator that shows your financial position is your credit…

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Why Do Car Insurance Quotes Vary So Much between Companies?

Each auto insurer has its unique risk profile that determines what types of policyholders they prefer and reward with discounts. Also there are various and specific factors affecting insurance companies in the way they evaluate risks, conduct business, make profits, employ staff or sell policies. These elements naturally reflect on premium calculations and largely explain why are car insurance…

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What Is SR22 Insurance?

Although it is widely referred to as SR22 insurance it is actually a filing to confirm existence of liability auto insurance coverage. It is a certificate, which is usually provided to DMV by your vehicle insurer to confirm financial responsibility. That is why it is also called financial responsibility filing and known as FR44 in…

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Average Insurance Rates by Car Model Types

Many factors affect auto insurance premiums. However, there are three key factors and they are details of insured vehicles, drivers and location. The manufacturer, model, age, cost, safety ratings and past accident data of an automobile will influence premium quotes. It is pointless to list every car that is in circulation here. What you need…

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Does Car Insurance Cover Other Drivers?

When you are insuring your automobile you answer a few questions about yourself, your driving record as well as other drivers living with you or listed on your policy (even though they may not be living with you) because those drivers usually included on your policy. However, it is difficult to predict who else might…

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GEICO vs State Farm Auto Insurance

If you want to pay a fair premium you need to carry out price, coverage and company comparison. It may be easier to find the cheapest quote or best coverage but you need to get all three of them right to have the best policy. There are around 100 vehicle insurance carriers in almost every…

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Car Insurance Comparison Charts

These days it is quick and easy to get a few quotes online and size up companies that are within your price range. It can get harder to finally settle on an insurer when you have plenty options. Indecision is probably more notable on people who had bad claim experiences in the past. Also, general…

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Who Sells No Money Down Car Insurance?

No money down auto insurance is a very attractive proposition when you are desperate to insure your car and have hardly any money to spare for premiums. Indeed few companies target drivers just like you. However, is there such thing as no down payment car insurance? Are the companies, agents or websites promoting such policies offering an…

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