Car insurance companies may deny claims if the insured individual was driving under the influence of drugs or alcohol.
Car insurance policies may require individuals to pay a fee for canceling their policy before the end of the term.
The amount of a car loan is typically determined by the value of the car being purchased.
Car insurance policies may exclude coverage for certain types of vehicles, such as motorcycles or boats.
Car insurance can cover damages to the insured vehicle as well as third-party vehicles.
Car loans can be secured or unsecured.
Car insurance policies may include terms that prohibit individuals from lending their vehicles to others.
A secured car loan is backed by collateral, usually the car itself.
Car insurance can be obtained through insurance companies or through a car dealership.
A car loan may also be refinanced if the borrower's financial situation changes.
Car loans can be obtained from banks, credit unions, and other financial institutions.
Car insurance may also provide coverage for rental cars and other vehicles.
Collision insurance covers damages to the insured vehicle in case of an accident.
Car insurance policies may include exclusions for certain types of accidents or damages.
Car insurance companies may offer discounts to individuals with good credit scores.
Car insurance can also help pay for injuries sustained in a car accident.
Variable interest rates on car loans can fluctuate based on market conditions.
Underinsured motorist insurance is a type of car insurance that provides coverage in the event that the other driver in an accident has insufficient insurance coverage.