What Is an Umbrella Insurance Policy?

Umbrella Insurance Policy

An umbrella insurance policy is extra liability insurance that goes beyond the limits of the insured’s homeowners, auto, or watercraft insurance. It gives people an extra layer of protection if they are at risk of being sued for damaging someone else’s property or hurting someone else in an accident. It also protects people from slander, … Read more

What Is Gap Insurance And How Does It Work?

Gap Insurance

What Is Gap Insurance? Gap insurance is an optional type of car insurance that helps drivers who owe more on their car loan than the car is worth if their car is totaled.  How Does It Work? If your car is totaled in an accident covered by collision or comprehensive insurance, your insurer’s maximum claim … Read more

When Can Your Car Insurance Be Canceled?

Car Insurance

Your Car insurance provider does not want to send you a cancellation letter. For starters, there’s the hassle of looking for a new insurance provider or trying to work out a problem with your present one. Second, there’s the financial hit: Having a cancellation on your record, regardless of the cause for the cancellation, might … Read more

When To Drop Collision And Comprehensive Insurance

Collision And Comprehensive Insurance

If you own a car, you are obligated to purchase certain types of auto insurance coverage. You’ll need to get a combination of liability auto insurance, uninsured motorist coverage, and maybe personal injury protection, depending on your state. Although collision and comprehensive coverage are not required in every state, they are important insurance categories that … Read more

Liability Car Insurance: Cost And Coverage

Liability Car Insurance

Liability Car insurance is the foundation of a decent car insurance policy, which includes numerous forms of coverage. Most states require it, and it’s frequently the most expensive part of the insurance policy.It’s also an area where you don’t want to cut corners. If you don’t get enough liability coverage, you may find yourself in … Read more

Does My Car Insurance Cover Rental Cars?

Car Insurance Cover Rental Cars

Do you need car rental insurance if you rent a car? If you inquire about a car rental agency, they will tell you that you do. However, if you ask an insurance specialist, the answer is “maybe.” In general, a personal auto insurance policy covers rental cars with the same coverage limitations as a personal … Read more

Primary vs. Secondary Car Rental Insurance Coverage

Primary vs. Secondary Car Rental Insurance Coverage

Consumers of all shades are clamoring for some flashy travel incentives, such as reward points. Other benefits are overlooked until they are required. Rental automobile insurance is, unsurprisingly, at the top of this second list. While it is becoming more common for travel rewards credit cards to include some form of insurance, clients may not … Read more

What Is Rental Reimbursement Auto Insurance?

Rental Reimbursement Auto Insurance

Being in a car accident is stressful enough, but having to wait nearly 11 days to get your vehicle back on the road just adds to the misery. According to Susanna Gotsch, senior director and industry analyst at CCC Intelligent Solutions, a provider of data and solutions to the automotive, collision repair, and insurance industries, … Read more