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It’s not the same: the difference between car insurance and warranties

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  It’s not the same: the difference between car insurance and warranties When you purchase a car, you’ll likely hear quite a bit about a warranty. Before you jump to any conclusions about it being the same as car insurance —we’ll tell you right now they’re definitely different.  What is a car warranty? The Federal Trade Commission ( FTC ) defines it as a contractual promise to fix certain defects or malfunctions in your vehicle for a set period of time after you purchase the vehicle.  Now, how that differs from a car insurance policy is what we’ll help clear up in this article. Our HiRoad team is going to spell out the differences between insurance and warranties so that you know which applies when something happens to your vehicle.  Let’s get started. What is the difference between warranties and insurance? Car warranties and car insurance are both types of financial protection for your vehicle, but there are striking differences between the two. To help you unders...

7 Reasons Why Your Auto Insurance Application May Be Denied

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  7 Reasons Why Your Auto Insurance Application May Be Denied When you’re shopping around for a new auto insurance policy, how much the policy will cost is likely your top concern. However, drivers are often surprised to learn just how easy it can be for them to have their insurance application denied entirely.  If you are considered a high-risk driver through the insurance carrier’s evaluation, you may find your application rejected. At Berry Insurance, we understand that jumping through the hoops to apply only to be met with a resounding no can be frustrating (to put it lightly).  While insurance carriers will assess risk differently and judge each applicant individually, there are still common reasons insurers choose to reject applicants looking for coverage. In this article we’ll outline the top reasons you could be denied auto insurance coverage, and what you should do if your application is rejected.  Table of contents:  Driving r...

Cheapest Car Insurance Companies (2024)

  Cheapest Car Insurance Companies (2024) The cheapest car insurance rates start at $38 per month, and the most affordable companies with nationwide availability are USAA, Travelers, and Geico. Discover if you are overpaying for car insurance below. Written by Daniel Robinson Edited by RaShawn Mitchner Reviewed by Mark Friedlander, Insurance Information Institute In This Guide: Cheapest Car Insurance Rates Cheapest Car Insurance by State Cheapest Car Insurance By Coverage Cheapest Car Insurance by Driver Profile How To Get The Cheapest Car Insurance Rates Risks of Getting Cheap Car Insurance Cheapest Auto Insurance: The Bottom Line Cheap Car Insurance: FAQ Top 10 Cheapest Car Insurance Companies in the U.S. USAA Minimum Coverage: $39/month Full Coverage: $145/month Central Insurance Minimum Coverage: $36/month Full Coverage: $156/month Travelers Minimum Coverage: $58/month Full Coverage: $141/month Auto-Owners Minimum Coverage: $42/month Full Coverage: $158/month Country Financia...