Loans

Insurance

Credit Cards

Savings

Learn

Home Credit Score About Fiona FAQ & Support Contact Us
Fiona Logo
Loans
Personal Loans Student Loan Refinance Auto Refinance Mortgages Mortgage Refinance
Credit Cards
Savings
Credit Score
Learn

>

Auto Insurance

>

Articles

Auto Insurance Articles

Auto Insurance- Terminology You Should Know
Auto Insurance: Terminology You Should Know

What does the average consumer know about car insurance? Well, they know they need it. In 48 states (excluding Virginia and New Hampshire), it’s mandatory by law when owning or leasing a vehicle. Beyond that, there’s probably a lot regarding auto insurance missing from the average American’s lexicon. Since auto insurance is unique from other forms of insurance, in that you have to worry about liability for total strangers, their vehicles, and other property, it’s beneficial to possess a comprehensive understanding of all the industry terminology. Of course, understanding auto insurance terms is especially important when picking out a policy, as there are a wide variety of options for coverage based on different scenarios and geographical factors.

Auto Insurance · 5 min read
Tips for Lowering Your Auto Insurance Costs
Tips for Lowering Your Auto Insurance Costs

With two exceptions (New Hampshire and Virginia), every US state mandates drivers to have a minimum requirement of auto insurance coverage. And even in those two exempt states, it’s important to have a policy in place, especially in the case of an accident where you’re found at fault.

Auto Insurance · 4 min read

Let Fiona match you with the right financial product offers

Our service is free and will NOT affect your credit score