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Maximum insurance payout 🟰[car's value] [deductible] $2,500 🟰 $3,000 $500 Cost of insurance over 3 years 🟰[annual premium cost] ️[number of years]
The first two numbers mean that your insurance helps pay up to $25,000 in bodily injury per person and $50,000 in total bodily injury per accident to cover medical costs for others involved in an ...
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 ...
Have you ever wondered if you should pay off your car early? Find out whether it's a good idea, what the downsides are, and factors to consider.
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The policy term is the period that an insurance policy provides coverage. Many policies have a one-year term (365 days) but other terms both longer and shorter are used. Policy terms can be for any length of time and can be for a short period when the period of risk is also short or can be for multi-year periods.
Car insurance companies determine rates differently, so just because one company places a heavy weight on your credit history does not mean that another company will do the same.
By 2001, Economic Insurance Group was writing over one billion dollars in premiums annually. [15] By 2014, this had increased to $2 billion. [16] In December 2010, the board of Economical Mutual Insurance Company announced its intention to pursue demutualization, [17] which would mean that some of its policy holders would become shareholders. [18]