Author: Eliza

Diverse processes are involved in the course of getting a car, especially a new one. Amongst the ways to acquire cars are the use of direct payment and loans. Either of the two, we all need to sign some documents before the final ownership can be claimed. All documents signing are crucial in the sense that they can act against our wish and cause more havoc than expected. Thus, it is highly mandatory to read and understand all that is written before our signatures to pen. Generally speaking, some people are used to overlooking many things when it comes to paperwork, and this can cause massive damage when it comes to getting loans from car loan companies.

Prepare for the best agreement

As stated earlier, either you pay directly, or you secure your new car by loan, you’ll have many documents as the case may be. The agreement …

COVID-19 is a case without precedent for the insurance industry. With lockdowns in several states and places, many drivers using their vehicles are no longer on the route. There possibly are other ways to take care of our car or using it nowadays. However, the effect COVID-19 on car insurance claims has considerably decreased.

While insurance lenders may see this as good news, what does it mean for those customers who have purchased insurance that they cannot use? And what consequence(s) does it portend for the entire automotive industry?

Change in Behaviors

Those who can work remotely can generally prefer to choose to make more flexible arrangements. If people use their cars less often, car share or use public transportation, this will eventually influence what consumers expect from their insurance plans.

Can the use of telematics make insurance ‘pay as you go’ the new standard for drivers? Usage-based plans may …