Do You Need Gap Insurance?

When buying a new car, you may want to consider purchasing gap insurance. If your vehicle is stolen or totaled, gap insurance pays the difference between the actual cash value of the car and the current outstanding balance on your loan or lease. You can purchase gap insurance from most private insurers or the car dealership. Not everyone needs gap insurance, …

What Is an Auto Insurance Score, and How Does It Affect Quotes?

  You have always paid insurance on time, never filed a claim, and obey all traffic laws when driving. Advertising flyers keep showing up in the mail, and commercials on TV encourage switching car insurance companies. Since they all promise lower rates, you take the plunge and apply. Next you thing you know, a quote comes back that shows an …