When purchasing or leasing a new car, you have several insurance coverage options. When selecting coverage, you will likely know if you want to have collision coverage or not, but will you know what ...

Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...

When I was 18 years old, I bought a car—a very reasonable, dependable $7,000 Buick Century. While this could have been the start of a lovely story, it quickly became a nightmare: A few months after ...

As it pertains to cars, gap insurance covers the difference between what you owe on your car loan and the actual cash value of your car if it’s totaled in a crash. That “gap” can amount to quite a bit ...

When shopping for gap insurance, look for policies from companies rather than banks or dealerships. This type of coverage is vital if you have a brand-new vehicle and carry a loan or lease on it. If ...

Gap insurance is specifically designed for drivers with outstanding loan balances on their vehicles. It is typically only available for brand-new vehicles or for models that are less than three years ...

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Gap insurance: Is it needed when buying a new car? There’s nothing quite like the feeling of driving a brand-new car off the lot. The spotless interior, the gleaming paint, the distinctive “new car ...

With insurance rates on the rise tracking with costs of repairs and interest rates, making decisions about how to protect an investment as large as a vehicle can seem a daunting, intimidating task for ...

As soon as you drive a new car off the showroom forecourt, it begins to lose value. If it’s written off or stolen early on, your standard insurance will only pay out its current market value — not ...

While New Jersey requires drivers to carry liability insurance and personal injury protection, many drivers also choose to add gap insurance to their coverage. When shopping for gap insurance, New ...

Imagine this happens: Your car or truck is suddenly totaled or stolen. Gap insurance is there to help to bridge the difference (the “gap”) between what you presently owe on a loan or lease and what ...