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Understanding Car Insurance Costs for Seniors Finding ways to save on car insurance can be crucial, considering how high insurance rates currently are in many states. Auto insurance rates are 26% more expensive this year than in 2023, averaging $2,329 annually. These high rates are prompting many drivers to evaluate their options. Key factors driving…
Understanding Car Insurance Types The most common types of car insurance help you cover expenses, including medical bills and repairs in the case of an accident, as well as theft or other damage to your vehicle. However, the extent of the coverage you have depends on the type of car insurance you own. In most…
Collision vs Comprehensive Car Insurance: Know Your Coverage Collision vs comprehensive car insurance: which do you need? While both collision and comprehensive car insurance are not mandatory in every state, they are often required by lenders if you are financing or leasing your vehicle. Moreover, adding either type to your insurance policy can provide significant…
(Image credit: Getty Images) This article explores the crucial considerations regarding rental car insurance and the benefits offered by various credit cards. All information regarding credit card offers is gathered independently, and terms apply. Should you opt for rental car insurance when picking up your vehicle at the Avis, Budget, or other rental car counters?…
By Karon Warren Understanding Car Insurance Deductibles A car insurance deductible is one of the most important elements of auto insurance coverage. Therefore, knowing and understanding the different types of deductibles is crucial. If you’re purchasing a new car or considering switching insurance providers, take a moment to evaluate which deductibles suit your financial situation…
Rising Car Insurance Costs in 2024 Published 8 February 2024 This year, you should expect to pay more for your car insurance. Despite the recent slowdown in inflation, car insurance costs have significantly increased. Since 2023, car insurance rates have surged by 26%, and they are projected to remain elevated until 2025, according to a…