What is collector car insurance?

Collector car insurance, sometimes called classic car insurance, is specialized car insurance coverage developed for owners of antique or collectible cars. Many owners of collectible cars insure them through standard auto insurance policies, although some experts feel this may cost them as much as 500 percent more than collector car insurance. Collector car insurance is…

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Are car insurance settlements subject to income tax?

Income tax laws are very complicated although most proceeds from car insurance claims are not categorized as taxable income. Any funds received from a car insurance company as part of an auto insurance claim for vehicle repairs are not taxable. Of course, you always want to check with your tax accountant in regards to funds…

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Can I pay my car insurance premiums monthly?

Almost all car insurance companies have flexible payment plans for policyholders who wish to pay their car insurance premiums on a monthly basis. However, there are advantages and disadvantages to these payment plans and its worth understanding how monthly premium payments work. Car insurance is a mandatory element of owning a car and while car…

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How much is car insurance per month?

Car insurance quotes can change vastly from one car insurance company to another so how do you understand how much car insurance is per month before buying a car? Sadly, this question is more commonly asked after drivers purchase a vehicle than before. Car insurance rates depend on some factors. Some of these variables are…

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