Search Results for: insurance

These are the Three Essential Parts of an Auto Insurance Policy 1: Other Party Auto insurance Bodily Injury (BI), Liability (PD) and Property Damage (PD), coverages are legally required in many states. (BI & PD). Most people know they need BI & PD coverage, but don’t know how to decide how much. This is a simple […]

NerdWallet writers are subject matter experts who use primary, reliable sources to produce content for our website. All content is reviewed for accuracy and timeliness before being approved for publication. Mutual insurance companies exist all around the globe and aim to provide coverage at or close to cost, returning any profits back to members in […]

Drivers with permits typically only require insurance to cover any damages they cause, which is why most permit drivers are added onto a family member’s policy until they become fully licensed drivers. If this is not possible, then a defensive driving course may help the new driver feel more confident behind the wheel and may […]

COLA riders allow your primary insurance amount (PIA) to increase each year based on inflation; however, they come at an extra cost. Before making a decision to add a COLA rider, it is important to take into account all costs involved, including going through underwriting again, answering health questions and receiving medical exam results. Being […]

Many homeowners switch home insurance providers in order to save money, upgrade coverage or take advantage of bundling discounts, but this process can be daunting and time consuming. Shopping around can be essential, particularly as factors like home values or material costs increase. Luckily, you can adjust your policy at any time – not just […]

It is a must to compare car insurance policies online, whether you are looking for a new policy or renewing an old one. Do your research before you buy your car insurance. Buying car insurance can be confusing because there are so many insurance companies. Comparing car insurance quotes is the best way to find the best deal. Here […]

These reports show a wide range of expenditure categories and the average amount. However, they are still valid indicators of how costly auto insurance can be. The situation gets even worse if the driver is a high-risk driver. High-risk drivers are those who have a tendency to file more claims than the average driver due to a […]

All policyholders’ actions behind the wheel and on the roads are monitored by their insurance companies throughout the term. Insurers can determine if it is necessary to modify the policy with the help of local DMV officers and police officers. Not all changes are bad. Drivers who follow the guidelines of their insurers and have safe driving […]

You will need to file an insurance claim if your vehicle is involved in a collision, or your car is damaged while you are driving it. You can file a claim to have your vehicle repaired or replaced. You may be eligible for a loaner vehicle, depending on which insurance company you have. Find out if you […]

Multiple sources can provide information about auto insurance companies and their coverage options, including magazines, the state’s insurance department, independent reviewers’ websites, and other publications. Because insurers operate within state regulations, everyone will receive the same recommendations. Insurance companies must follow certain laws in order to conduct their business. Although there is a clear line between legal and […]