TIME Stamp: Take an objective approach to car insurance shopping
You have many choices for car insurance. But almost three-quarters of coverage in the U.S. is sold by just a handful of large companies. Use independent, third-party ratings and our careful reviews to understand precisely what these companies offer.
Frequently Asked Questions (FAQs)
What are the different types of car insurance?
A car insurance policy consists of multiple coverages. Most states require liability coverage, which pays for other drivers’ injuries or vehicle damage if you’re determined to be at fault in an accident. Some states require personal injury protection (PIP), which pays medical bills regardless of which driver is at fault. Comprehensive and collision coverages, which help pay for damage to your own car in specific circumstances, are usually required by a lender if you finance your car.