What happens if you add someone to your car insurance?

Is it bad to add someone to your car insurance? Adding someone to your car insurance does impact your rates, but it won’t always have a negative effect — sometimes, you’ll actually save money, depending on the age and driving history of everyone you add to your policy. Does adding someone to your car insurance …

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Your question: How long before insurance pays on stolen car?

When a car is stolen what does insurance pay? Car insurance can cover a stolen car, but only if you have comprehensive coverage. If your car is stolen and not recovered, this coverage pays the current value, or actual cash value, of your vehicle. Comprehensive claims have a deductible, which is the amount you pay …

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Best answer: How much car insurance do I need in Alabama?

Does Alabama require full coverage insurance? Optional car insurance coverage in Alabama Alabama law only requires liability coverage in order to be legal. … Uninsured Motorist Bodily Injury: Unfortunately, there are still a number of motorists who get behind the wheel without carrying any insurance. What is recommended for car insurance coverage? The best liability …

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Quick Answer: What are the two types of car loans?

What type of loans are car loans? Auto loans are secured loans that use the car you’re buying as collateral. You’re typically asked to pay a fixed interest rate and monthly payment for 24 to 84 months, at which point your car will be paid off. What are the two ways to finance a car? …

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What is considered full coverage auto insurance in Indiana?

How do I know if I have full coverage car insurance? Full coverage car insurance is a term that describes having all of the main parts of car insurance including Bodily Injury, Property Damage, Uninsured Motorist, PIP, Collision and Comprehensive. You’re typically legally required to carry about half of those coverages. What is considered full …

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You asked: What should I know when leasing a car?

What should you not do when leasing a car? Avoid these five common mistakes if you decide to lease your next vehicle. Paying too much money upfront. … Not buying gap insurance. … Underestimating how many miles you’ll put on a car. … Not maintaining the car. … Leasing a car for too long. How …

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