When insurance reimbursement rates fall far below the real cost of modern, safe repairs, the effects show up on our roads.

Car repair insurance works similarly to an extended warranty, but there are a few differences. This insurance can cover the cost of repairs if your vehicle breaks down, needs replacement parts or has ...

Learn to navigate car insurance options and find the right policy that fits your needs and budget. Discover required coverages and ways to save money on premiums.

Michael Evans writes about insurance and other finance topics for Investopedia. An insurance industry veteran, he has covered personal finance for more than 20 years for publications including ...

Car insurance rates are expected to increase by 12.6% across the U.S. in 2024, thanks to rising repair costs and frequent severe weather. That's an even bigger jump than 2023, when rates rose 11.2%.

NEW YORK — Even if you're not in the market for a new car, U.S. President Donald Trump's 25% tariffs on auto imports could make owning one more expensive. The new taxes, which are set to begin April 3 ...

A car warranty typically covers major components like the engine, transmission, and electrical systems from defects or normal use failures. A car warranty is an optional purchase that can complement ...

See how coverage, rates and quality compare in Maryland ...

GRAND RAPIDS, Mich. — We've all seen the commercials about auto repair insurance, also known as vehicle service contracts, that are supposed to protect you when you need a major repair. But the ...