Personal Auto Insurance

First, let’s start with the premise that your car is worth more than what the insurance company is offering you in a settlement after a claim or accident has occurred. How do you know that your vehicle is worth more? You can check online, in newspapers, and in car trading magazines for a car similar to yours to see how much they are selling for.

What Parked Means

Some companies, like Progressive, will allow you to put storage coverage on a secondary vehicle with just comprehensive coverage. That means if the stored or parked car is damaged by things like vandalism, wind, flood, earthquake, fire, or is stolen, the vehicle will be covered after you pay a deductible.