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Myth #2: Your red car will cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
This coverage helps pay for a rental car while your car's in the shop after a covered accident. It can save you $30 to $50 per day in rental costs. Roadside assistance
A full-coverage auto insurance policy combines three key protections — liability, comprehensive and collision coverage — into one complete package. Additional add-ons can enhance your ...
Collision coverage is optional, however if you plan on financing a car or taking a car loan, the lender will usually insist you carry collision for the finance term or until the car is paid off. Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) is the term used by rental car companies for collision coverage.
Understanding your car insurance liability limits. Almost every state in the U.S. requires you to have liability coverage.This essential coverage pays for injuries or damage sustained by the other ...
GAP insurance covers the amount on a loan that is the difference between the amount owed and the amount covered by another insurance policy. [1] Some GAP policies also cover the deductible. [ 3 ] This coverage is marketed for low down payment loans, high interest rate loans and loans with 60 month or longer terms.
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