It’s often said that a new car is the worst investment you can make. That’s because a new car depreciates in value the minute you drive it off the lot. That’s where GAP insurance comes into play. If you buy a car for $25,000 and two months later it’s worth $20,000, but you still owe
Have you ever heard someone say red cars cost more to insure? It sounds believable, but that’s just one example of an auto insurance myth we hear all the time. With the advent of the internet, there’s no shortage of good information out there about auto insurance. Unfortunately, there’s a lot of bad information mixed
We’ve all had it happen. You’re out driving and you remember that you left the lights on or the refrigerator open. That’s a lapse of judgment. Having a lapse in auto insurance coverage is even worse. Having a lapse in auto insurance coverage can mean higher insurance premiums, tickets, a suspended license, or even the
Are you wondering how you can lower your auto insurance? There’s a lot to pay for these days. Between your taxes, bills, rent, and groceries, your insurance seems like the least important cost you pay. In this article, we’ll go over 5 ways you can lower your auto insurance costs. The thing is, insurance is
Everyone knows your credit score is important. You need a good credit score to get a mortgage, get a bank loan, and buy a car. But did you know that your credit score is important in determining your auto insurance premiums? Auto insurance companies use “auto insurance scores,” or credit-based insurance scores, to determine how
You’ve got a car. Now, it’s time to get covered. Ten major car insurance companies dominate the U.S. auto insurance market. Finding the best insurance policy can seem like a big task, especially with big auto insurance companies. In the U.S., the top ten auto insurance companies comprise 72% of the auto insurance market share.