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Car Insurance 101: What Your Policy Should Cover

Car insurance policies may offer additional coverage for things like roadside assistance or towing.

Discounts on car insurance premiums may be available for safe driving or multiple policies.

Car insurance premiums are typically paid on a monthly or annual basis.

Car insurance companies may require individuals to have a certain level of coverage based on the value of their vehicle.

The length of a car loan can vary from a few months to several years.

Car insurance companies may investigate claims to verify the accuracy of the reported damages.

Car insurance companies may deny claims if the insured individual was driving under the influence of drugs or alcohol.

Car insurance companies may also consider factors such as age, gender, and marital status when determining premiums.

Uninsured motorist coverage protects against damages caused by a driver who does not have insurance.

Car insurance policies may also include terms that prohibit individuals from using their vehicle for certain types of activities, such as racing or off-roading.

A deductible is a set amount that the policyholder must pay before the insurance company will cover the rest of the cost of a claim.

Car insurance companies may require individuals to provide proof of insurance when registering their vehicle with the state.

Car insurance policies may include terms that prohibit individuals from lending their vehicles to others.

The cost of car insurance can also vary depending on the driver's age, gender, and driving history.

Underinsured motorist coverage protects against damages caused by a driver who has insufficient insurance coverage.

A secured car loan is backed by collateral, usually the car itself.

Car insurance policies can vary in coverage and price.

Car insurance companies may offer discounts to individuals who install anti-theft devices in their vehicles.

Collision insurance covers damages to the insured vehicle in case of an accident.