January 29, 2010, Newsletter Issue #202: Car Insurance Collision Coverage: Is It Right for You?

Tip of the Week

If you drive a new car, you need car insurance collision coverage. If you are financing your new car with a lending company, they will require proof of auto insurance collision coverage.

To keep your premiums low, choose a higher deductible ($500 to $1000). If you have a poor driving record, or your car is older and has lost much of its resell value, you do not need collision coverage.

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Our Learning Center contains a variety of information from Articles on auto insurance and other car topics, to the last in insurance related news headlines. We also have a Questions & Answers section to help you find answer to some of the most commonly asked questions, and we encourage you to ask your own questions as well.

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