Should you lease your new car, or should you finance it? What’s the difference, and how does it affect your auto insurance? Learn more before choosing your next car.
Vehicle insurance in the United States (also known as car insurance or auto insurance ) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner...
Auto insurance is purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Discover more about it here.
Insurance is generally required when you lease a car, but requirements may vary by leasing company. Here’s what you need to know to find the cheapest rates.
A Comprehensive Guide on Understanding Auto Insurance for Leased Cars Leasing a car is a great option for those who want to drive a new vehicle without the long-term commitment of owning one. Howev...
Just like any other vehicle on the road, lease cars have to be insured by law, and it’s rare for cover to be included with the lease. Find out more.
Gap insurance covers the difference between the compensation you receive after a total loss of your vehicle and the amount you still owe on a car loan.
If you finance or lease your vehicle and it gets totaled, loan/lease gap insurance can help cover the difference between the current value and what is owed.
Vehicle insurance (also known as car insurance , motor insurance , or auto insurance ) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide...
If you lease a car, you'll still need to purchase your own state-mandated basic auto insurance—and you'll very likely need additional coverages: The bank, leasing company or other entity that is financing your leased car has a monetary stake in the vehicle. They’ll want to make sure there are sufficient funds available to repair the car in the case of an accident. For that reason, you'll need to buy: After a new car comes off the lot, its value depreciates quickly. If your leased car is dama...