Reducing your car insurance to minimum coverage could save you thousands on premiums. But when is it worth the risk?

Most states require drivers to carry auto insurance, but this requirement usually targets liability insurance. Basic coverage required by law doesn't protect your vehicle against damage. Instead, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One way to do that might be to drop certain coverages from your policy.

Liability-only insurance pays for injury and damage to others you're responsible for. In comparison, full-coverage policies cover both your liability and property damage to your own vehicle. When ...

Say, hypothetically, one day on your way home from work, you hit a patch of ice and slide into a guardrail. The next day, your local repair shop quotes you $4,000 to fix the damage. Who pays for those ...

Full-coverage car insurance refers to a collection of coverages, including liability, collision and comprehensive car insurance. Contrary to popular belief, full coverage car insurance doesn’t cover ...

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