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  2. Minimum car insurance coverage requirements in each state - AOL

    www.aol.com/finance/minimum-car-insurance...

    Illinois. 25/50/20. 25/50 UM. Indiana. ... **New Hampshire does not require car insurance, but these are the minimum limits if you buy a policy to satisfy the financial responsibility law ...

  3. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...

  4. Moving to a new state? Here's how to switch your car ... - AOL

    www.aol.com/finance/car-insurance-moving-states...

    Others, like Illinois, require you to pass a written exam and may require a driving test even if you've been driving for decades. Contact your new state’s DMV to make an appointment if needed ...

  5. What happens when you pay off your mortgage? - AOL

    www.aol.com/finance/happens-pay-off-mortgage...

    A loan payoff letter: This document will show (down to the penny) what you need to pay off the remainder of your mortgage, plus any owed interest or fees. If you have paid everything off, it will ...

  6. Collateral protection insurance - Wikipedia

    en.wikipedia.org/.../Collateral_protection_insurance

    Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

  7. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    The most common forms of default resulting in repossession are failing to make required payments and failing to maintain adequate insurance coverage. Many U.S. states have enacted additional laws that apply specifically to the repossession of purchased and leased automobiles, and which are intended to afford additional consumer protections. [ 3 ]

  8. Penalties for driving without insurance in Illinois - AOL

    www.aol.com/finance/penalties-driving-without...

    In Illinois, the average cost of car insurance is $681 for state-mandated minimum coverage, while full coverage, which includes collision and comprehensive, costs an average of $2,310 annually ...

  9. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...