Your trusted guide to the world of auto insurance
In recent years, some automakers, such as Tesla and Rivian, have begun offering their own insurance products for owners of their vehicles. These initiatives are aimed at providing a more personalized and beneficial insurance experience for customers. Tesla Insurance Tesla offers its own car insurance program available exclusively for Tesla model owners. This service is…
Pay-per-mile insurance is a type of car insurance where the premium is calculated based on the number of miles driven. This approach is ideal for low-mileage drivers, such as those who work from home, retirees, students, or those who don’t drive often. How pay-per-mileage insurance works The system includes a prime rate and a mileage…
When renting a car, rental companies usually offer various insurance options to protect the customer from financial risks in case the vehicle is damaged or stolen. However, the need to purchase insurance directly from the rental company depends on several factors. Firstly, many rental companies include in the base rental price mandatory liability insurance (analogous…
When traveling by car to Mexico or Canada, it’s important to take care of insurance beforehand, as a standard U.S. auto insurance policy may not cover driving abroad. Mexico U.S. auto insurance policies are not valid in Mexico, as local laws require that liability be covered by the local insurance company. In the event of…
Gap Insurance (Guaranteed Asset Protection) is a type of car insurance that covers the difference between the amount remaining on a car loan or lease and the actual market value of the car in the event of its theft or total loss. The purchase of a car is often accompanied by rapid depreciation: according to…