A car’s value can depreciate as much as 20% in its first year. If you’re leasing or financing your vehicle, that means you could quickly find yourself in a situation where the balance on your auto loan is more than your insurance company will give you in a settlement. That’s where guaranteed asset protection, or “gap” insurance, comes in: If your car is totaled or stolen, it keeps you from having to make payments for a vehicle you don’t have anymore. Gap insurance is optional but, if you’re leasing or financing your car, it’s pr ...
Between 2018 and 2022, the average cost of a homeowners insurance claim due to damage from fire or lightning was over $83,991.1 With such large potential liabilities resulting from damage...
Struggling to pick the best car insurance provider to cover your new car? Let our top 10 list help you narrow down your search…
What Is Life Insurance? Understanding how life insurance works... find the best coverage to meet your family's needs. Life insurance is a contract between an insurance company and a policy...
of the insured's existing homeowners, auto, or watercraft insurance . Umbrella policies tend to be affordable and offered in increments of $500,000 or $1 million. What Is Backdated...
What are the best life insurance companies in 2024? Find your perfect fit for term, whole and universal life insurance policies, just for starters.
What Is an Insurance Claim? An insurance claim is a formal request by a policyholder to an... If it is approved, the insurance company will issue payment to the insured or an approved...
Key Takeaways ; No-exam life insurance policies have a simplified application process usually resulting in starting coverage quicker ; The three most common types of no-exam life insurance are group, simplified issue, and guaranteed issue. ; Plans are typically more expensive than medically underwritten policies.
during the policy period. What Is Included in Professional Liability Insurance? Coverage does not include criminal... Liability Insurance? If you work for a company that offers services...
State Farm, USAA, Geico, Erie and Travelers are the best car insurance companies. See what we learned about our top picks and how to find the best deal.