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What you pay for car insurance for a new versus used vehicle will depend on multiple factors. Your vehicle’s age is just one variable in the equation providers use to estimate your premium.
For example, if you’re insuring a brand-new car and a 15-year-old used car, you could choose to get full coverage on the new car and liability-only coverage on the used car.
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 ...
Analyzing more than 2 billion car insurance quotes, Consumer Reports found the average annual premium people pay varies significantly from one insurer to another: Average annual premium by insurer.
Whether you're buying a new or used car, selling your car, repairing or maintaining your current car, our articles and tools will give you the confidence to tackle any situation.
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 ...
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