Sarah Fulghum

3 days ago | financebuzz.com | Christy Rakoczy |Sarah Fulghum

Many years ago, I was in an accident and my car was badly damaged. So badly, in fact, that the insurance company declared the vehicle to be a total loss. That means they decided it was not worth repairing and, instead of paying to make fixes, they paid the actual cash value of the vehicle instead. My car was clearly beyond repair, but that's not necessarily always the case, which raises the question: How do insurance companies determine if a car is totaled?

4 days ago | financebuzz.com | Kate Daugherty |Sarah Fulghum

Shopping around for car insurance quotes is a smart move. It can help you get the best deals and ensure you're getting the coverage types and limits that will best protect you if you're in an accident. But does getting car insurance quotes affect your credit score? Thankfully, getting an auto insurance quote doesn't hurt your credit score. However, your credit score does play a part in how much you'll pay for auto insurance.

1 week ago | financebuzz.com | Kate Daugherty |Sarah Fulghum

You may wonder how Progressive and AAA car insurance compare as you look for new car insurance. Progressive is available nationwide, has competitive rates, and provides a variety of auto insurance coverages, including policies that might be hard to find, such as for ATVs, snowmobiles, and boats. AAA is best known for roadside assistance, but it also provides auto insurance through its network of car clubs.

1 week ago | financebuzz.com | Lindsay Frankel |Sarah Fulghum

AAA is a group of insurance companies, and pricing, coverage options, ratings, and discounts vary by region. It's key to get quotes from both AAA and Allstate before choosing between the two companies. That said, AAA generally fares better for customer satisfaction in most areas while Allstate is better rated for financial strength. AAA is a good choice for drivers seeking full coverage insurance in the Southwest, especially households with a teen driver.

2 weeks ago | financebuzz.com | Lindsay Frankel |Sarah Fulghum

If you're experiencing buyer's remorse after buying an insurance policy — whether you paid more than you'd like or have customer service concerns — you may be wondering if it's too late to cancel. While state laws dictate cooling-off periods or free-look periods for many types of contracts, including life insurance policies, there's no car insurance cooling-off period in the United States. Instead, you can cancel a car insurance policy at any time.