If you are looking for your first car insurance policy, you may be shocked by just how expensive it is. It can be incredibly frustrating. After all, most people do not earn a lot of money when they are young, yet you get stung with the most expensive car insurance rates. However, there are a number of good reasons why car insurance is more expensive for young drivers. So, … [Read more...] about Why Is Car Insurance More Expensive for Young People?
Insurance
8 Things To Know About Cars And Insurance
Owning a car comes with a multitude of responsibilities, one of which is securing the right insurance coverage. Car insurance is not just a legal requirement in most places; it's also a crucial financial safeguard. However, navigating the complex world of car insurance can be a daunting task. To help you make informed decisions, we've compiled a list of eight important things … [Read more...] about 8 Things To Know About Cars And Insurance
5 Reasons Why a Car Accident Claim May Be Denied
The cost of treating serious injuries after a car crash can rapidly add up to thousands of dollars. While you can file a claim against the at-fault driver’s car insurance and seek compensation for your medical bills and other expenses, insurance companies may occasionally deny your claim. An insurance company can deny your claim for various reasons, causing delays before you … [Read more...] about 5 Reasons Why a Car Accident Claim May Be Denied
Auto Insurance and Your Credit: Implications and Advice
It’s common knowledge that neglecting to make payments on time (or at all) can be detrimental to your credit score. But what about car insurance? New drivers might ask themselves, “Does not paying my car insurance affect my credit?” The answer to this is yes and no. A credit score is not impacted simply because your car insurance bill was not paid. However, the subsequent … [Read more...] about Auto Insurance and Your Credit: Implications and Advice
Reasons Why You Need Car Insurance
A car is a huge investment, whether new or used. And before you legally register and drive your car, you need first to purchase insurance coverage. Having insurance coverage helps protect you from legal and financial liabilities in the event of a car crash. According to recent studies, over six million accidents happen each year in the U.S. alone, and about one in every six … [Read more...] about Reasons Why You Need Car Insurance