Paying your car insurance bill on time each month has little or no direct impact on your credit score but indirectly. However, if you neglect to pay your bill or make late payments, this could lead to debt collection reports. These reports appear on your credit history and can be seen by future lenders.
If your car breaks down or is in the shop for a covered claim, your rental reimbursement coverage will kick in and cover the cost of a rental car. This way, you can always get where you need to go, even if your own car isn't available.
You're finally old enough to buy your own car. But can you be on your parents' insurance if the car is in your name? We think so, and here's why.
No one ever expects to be in a car accident. But if it happens, and you're not at fault, you could be in for a world of hurt if you don't have insurance. We're here to tell you why you need to be insured, even if you're a safe driver.