Blog about car loans and insurance
Many leases also include an acquisition fee, which a bank charges on every vehicle lease. This $300 to $500 fee can typically roll into your down payment. Your payment can also include a charge called the documentation fee. The doc fee can add a few hundred dollars to your initial lease costs. What do you …
In California, driving without insurance once isn’t too bad. You’ll get a fine of between $100 and $250 plus penalty assessments. But the court could also decide to impound your vehicle. What happens if you drive without car insurance in California? The state may charge you a fine of $1,000, impound your vehicle or even …
Several factors contribute to why car insurance in Florida is so expensive, including busy roadways, additional insurance requirements, high healthcare costs, rates of uninsured drivers and risk of severe weather. Despite the high cost of car insurance in Florida, there are several ways to reduce your premium. Is Florida an expensive state for car insurance? …
Alberta Auto Insurance Rate Change Decisions: Third Quarter 2021. Five Alberta auto insurance providers had rate changes approved in Q3 2021. … The weighted average of approved rate changes as of June 30, 2021, for private passenger vehicles, over the last 12 months is an increase of 2.79%. Why did my car insurance go up …
After a person dies, their car insurance policy will need to be canceled, or they will need to be removed from the policy if there are other drivers on it. Is car insurance valid after death? Car insurance Most policies terminate on the death of the main policy holder, and this will leave you uninsured. …
What is the 7 500 tax credit for electric cars? How does an electric vehicle tax credit work? The federal incentive is only worth $7,500 to someone whose tax bill at the end of the year is $7,500 or more. Let’s say you buy a Hyundai Kona EV or other eligible vehicle and you owe …
In general, you’ll need at least prime credit, meaning a credit score of 661 or up, to get a loan at a good interest rate. If you have poorer credit, you can still get a loan, but you will probably have to pay more for it or else find a cosigner. Can I get a …
Generally speaking, an American car insurance policy works the same way in Canada as it does in the U.S. Your comprehensive coverage and collision coverage, for example, still apply to damage to your vehicle if you’re in an accident while driving in Canada. Can I drive my U.S. registered car in Canada? There are no …
A minimum auto insurance policy here is slightly different from other states; Pennsylvania is one of 12 states that have adopted no-fault auto insurance, which requires insurers to pay for their own insured drivers’ medical expenses regardless of who is at fault in an accident. What are the requirements for auto insurance in Pennsylvania? The …
New cars are more expensive to insure than old cars, generally speaking. That’s because newer cars are usually worth more than older cars. … So, choosing a model with more features might make your insurance rates higher. A higher MSRP means higher repair costs if you’re in an accident. What makes a car more expensive …