Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...

Gap automobile insurance is an often overlooked yet essential component of comprehensive car insurance coverage. While it may ...

Insurance companies pay the depreciated value of your car if it’s totaled or stolen, which might be less than your car loan balance. Gap insurance can cover the difference between the vehicle’s value ...

You’re driving off the lot in a new car — but the second you do, its value starts to drop. If you get into an accident or your car gets stolen in the first year or two, your auto insurance might not ...

CheapInsurance.com reports that a car is a total loss when repair costs exceed its actual cash value. It outlines options and ...

Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...

MILWAUKEE - A car crash can mean huge out-of-pocket expenses. Fortunately, there’s a solution to fill the gap, when it works the way it’s supposed to. On March 3, Marlon Roberson’s sedan collided with ...

Gap insurance is specifically designed for drivers with outstanding loan balances on their vehicles. It is typically only available for brand-new vehicles or for models that are less than three years ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...

Your new car is worth the most the day you buy it. But just drive that new car off the lot and Carfax says you're looking at 10% depreciation the first few months. A year from purchase, while it's ...

Amy Danise is the staff Senior Insurance Editor for Buy Side. She has helped consumers understand insurance for more than two decades. Insurance companies pay the depreciated value of your car if it’s ...