-
2 months ago | 
bankrate.com | Jessica Gibson |Jessa Claeys
Whether you’re shopping for a new vehicle or discussing car insurance myths, you might wonder if red cars are more expensive to insure. The short answer is no, red cars do not cost more to insure. Insurance rates are based on a multitude of factors — but the color of your vehicle isn’t one of them. Do red cars cost more to insure? As a red car owner, you may have heard that your vehicle’s color could lead to higher insurance premiums.
-
Sep 19, 2024 | 
bankrate.com | Jessica Gibson |Maggie Kempken |Mark Friedlander
Written by Edited by Reviewed by How is this page expert verified? At Bankrate, we take the accuracy of our content seriously. “Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Their reviews hold us accountable for publishing high-quality and trustworthy content.
-
Sep 17, 2024 | 
bankrate.com | Amelia Buckley |Jessica Gibson
Car insurance may be an intimidating topic for first-time drivers. Many insurance companies consider new drivers riskier to insure due to their lack of experience, so they may see higher rates. However, comparing quotes and exploring coverage options may help new drivers find the coverage they need at a price they can afford. Bankrate’s insurance editorial team evaluated dozens of auto insurance companies to guide new drivers buying car insurance for the first time.
-
Sep 11, 2024 | 
bankrate.com | Jessica Gibson |Jessa Claeys |Mark Friedlander
Written by Edited by Reviewed by How is this page expert verified? At Bankrate, we take the accuracy of our content seriously. “Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Their reviews hold us accountable for publishing high-quality and trustworthy content.
-
Aug 22, 2024 | 
bankrate.com | Jessica Gibson |Jessa Claeys
Getting a DUI in Michigan can result in serious consequences. Convicted drivers may face legal penalties and fines, as well as expensive car insurance premiums. In fact, Bankrate’s analysis of data from Quadrant Information Services found that the cost of car insurance increases by an average of 156 percent for drivers who are convicted of a DUI in Michigan. And in some instances, insurance coverage could be denied altogether.
-
Jul 25, 2024 | 
bankrate.com | Mariah Posey |Jessica Gibson
When you’re shopping for car insurance, you want to be sure you’re getting the coverage you need at the best price. While negotiating your rate might seem like a feasible option, insurance providers do not have the ability to manually adjust rates when offering you a quote. This is because rates are calculated based on your personal rating factors. Fortunately, there are still ways you can find affordable coverage.
-
Jun 13, 2024 | 
bankrate.com | Jessica Gibson |Maggie Kempken
Yellow Dog Productions/Getty Images Bankrate is always editorially independent. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249).
-
Jun 12, 2024 | 
bankrate.com | Jessica Gibson |Natasha Cornelius
Telematics programs are increasingly popular with insurance providers since they provide data that can help providers determine risk. Most programs track things like speed, travel distance, braking habits and more. Since each telematics program is a little different, Bankrate’s insurance editorial team analyzed Nationwide’s program, SmartRide. We’ll answer your questions and explain how it works so you can decide whether or not the program is a good fit for you. What is Nationwide SmartRide?
-
Apr 1, 2024 | 
bankrate.com | Jessica Gibson |Natasha Cornelius |Mark Friedlander
At first, thinking about how to get life insurance might seem overwhelming. If you’re not familiar with coverage types or how to buy life insurance policies, you might be tempted to put it off. Fortunately, Bankrate’s editorial team has done a lot of the legwork for you. We’ve put together a comprehensive guide for purchasing a life insurance policy and included valuable tips for selecting coverage amounts and saving on your premium.
-
Mar 27, 2024 | 
bankrate.com | Natasha Cornelius |Jessica Gibson
A car is totaled if the repair cost is more than the vehicle is worth, it’s damaged beyond repair or stolen and not recovered. You can only get an insurance claim payout if you carry full coverage on a vehicle. An insurance adjuster will examine your car to determine how much it’s worth. You can negotiate the car’s value with the adjuster or hire an attorney to come to a settlement. Accidents can be stressful, especially ones that result in a total loss (aka a totaled car).
