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Insurance When Borrowing a Car
Your friend Steve is inebriated and asks you, the sober and responsible friend, to drive his car home for him. Considering Steve was your ride to the bar and lives on your street, you agree, deeming it the smart move. On the drive back, Steve’s brand new Mercedes is badly rear ended by another vehicle,…
Read MoreInsurance When Renting a Car
Ever wonder how insurance works when renting a car? For this entry, we’ll be doing a Q&A with insurance expert John Ortega to find out! Am I covered by my personal insurance when renting a car? Yes. If you have full coverage (collision and comprehensive) you are covered in the United States and Canada for…
Read MoreAm I covered if my car is stolen?
It depends on the type of insurance coverage that you have. If you opted for state minimum requirements, then you only have coverage for liability, so the answer is most likely no. On the other hand, if your car has comprehensive coverage, then the answer is most likely yes! New Jersey only requires drivers to…
Read MoreHow can I benefit from umbrella insurance?
If you own your home or value your savings and future earnings, umbrella insurance may be something you want to look into. Only about 10% of people have umbrella coverage, meaning that most people are vulnerable to lose everything in the event of a major lawsuit. Imagine you are driving one day and get into…
Read MoreWhat happens if you drive without insurance?
If you are in New Jersey, for starters, you’d be receiving a ticket and having your license suspended! Driving without auto insurance in the Garden State is illegal in order to protect the assets of both drivers and pedestrians. This is not the case with every state in the country however, so let’s discuss what…
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