Auto insurance is more than just a legal requirement: Itâs a way to protect yourself (and your property) in case you cause an accident.
Having a copy of your car insurance declaration page is important because it offers an overview of your car insurance policy. Provided by your insurance company, your auto insurance declaration page can help you understand how you are (and arenât) covered, among other crucial information â which is why it matters to know how you […]
The post How to Read a Car Insurance Declaration Page appeared first on SoFi.
Figuring out just how much car insurance you really need can be a challenge. At minimum, youâll want to make sure you have enough car insurance to meet the requirements of your state or the lender whoâs financing your car. Beyond that, thereâs coverage you might want to add to those required amounts. These policies […]
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âDo I need car insurance?â Thatâs an easy âyes, whether because of state law or just financial protection. âHow much car insurance do I need?â That can be trickier to answer. Do I Really Need Car Insurance? Car insurance, like health and life insurance, is necessary to ensure you can cover costs from small inconveniences [â¦]
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Car insurance, in its most basic form, is designed to protect the other driver in the event you cause an accident. This is what bodily injuryÂ liability coverageÂ and property damage coverage is all about, and in an ideal world, this basic cover would be enough to protect every driver. But this isn’t an ideal world and […]
A Guide to Uninsured Motorist Coverage is a post from Pocket Your Dollars.
In 49 states in the United States, there is some form of compulsory insurance for motor vehicles. Many people ask, âIs car insurance required?â since it may not be immediately apparent if you see yourself as a good driver willing to pay for any potential damages to your car. The answer to âWhy is car […]
The post Why Is It Required to Have Car Insurance? appeared first on The Simple Dollar.
If you buy or lease a car, you’ll need to arrange for insurance coverage. Not only is it the law in most states, it will also protect your bank account in the event of an accident. However, if you’re involved … Continue reading →
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