Category: Car Insurance

Insuring a New Car Purchase vs. a New Lease

To buy or to lease. For people looking to drive a new vehicle, it can be a difficult question. Leasing has become an increasingly attractive option in recent years. Since almost all cars are pretty poor investments (even if they don’t breakdown), leasing reduces the commitment, allowing you to drive a brand-new car without having to cover the $20k+ sticker price.  […]

Giving the Gift of Good Car Insurance

Despite what commercials try to tell us, giving a car as a gift for Christmas is a rare thing. After all, cars are a large commitment. Not only is there the upfront expense, but they come with on-going costs such as repairs, insurance, monthly payments, etc. In fact, Saturday Night Live recently parodied the idea of surprising someone with a new car for […]

Combatting Car Value Depreciation with Gap Insurance

Standard car insurance policies typically provide coverage for physical injuries, property damage, and other people’s vehicles. If you want coverage for your own car, you’ll need collision coverage and comprehensive coverage. Collision insurance provides coverage for your car should you hit another vehicle or an object such as a light pole. Comprehensive insurance, on the other hand, covers damage from weather, […]

Collision Coverage – What Does it Actually Cover and Do You Need It On Your Policy?

Car insurance policies are highly customizable. Unfortunately, when people sign up for a policy by themselves, they often check whichever boxes keep their monthly cost the lowest. This can leave them seriously under covered. On the flip side, there are occasions where people actually sign up for more coverage than they need. Though less common, it is possible to be paying a high amount of […]

Insuring a Leased Vehicle

For some people, leasing a car can offer some distinct advantages. First and foremost, it comes with a much lower out of pocket expense. Additionally, the monthly payments on a lease tend to be lower than a traditional car loan payments. While you don’t get ownership of the vehicle, and you’ll have a cap on the miles you can drive, lease […]

Should I Switch Car Insurance Companies?

Almost everyone would like to pay less money for their car insurance. Unfortunately, there isn’t one insurance company that is automatically cheaper for everyone. The cost of car insurance from a particular company is highly situation, depending on where you live, what you drive, what your record is, and more.  The cheapest company for one driver may be different […]

Understanding the Differences Between Commercial and Personal Auto Insurance

Do you have a vehicle that you use for work in some capacity? You’ll want to make sure you have it ensured properly. A personal auto insurance policy might not be enough. In fact, work use could invalidate a personal plan. You can’t expect a business owner policy (BOP) to bridge the gap either.  While a BOP provides coverage […]