What is collision?
The Bankrate.com financial term of the day is: "collision."
Even the best drivers have accidents -- which is why collision is a standard part of an auto insurance policy. It's the coverage that pays for damage to your car from an accident with another vehicle, or with an object, such as a fire hydrant, utility pole or freeway divider. If you have an old heap that would be easier to replace than repair, you may want to drop your collision to save on your auto policy.
When your car has been smashed up in a crash, the collision coverage in your auto insurance can help put you back on the road.
To shop for insurance to fit your family's needs, visit the Insurance section at Bankrate.com.
Do you have a life insurance policy for your dependents? Is it enough?
Get in the habit of reviewing your policies annually -- you could save money by doing so.
Most women don't have a policy or are under-insured.
Not sure when to review your insurance policy? Experts share their thoughts on when to do so.
Shopping for insurance? Follow these tips from top experts in the insurance field.
Benefits start at age 62 through 70. Do you collect it right away or hold off as long as you can?
Leslie Corcoran, CFP, discusses using immediate annuities for retirement income.
Have fallen gas prices given Americans a reason to increase their discretionary income?
Not all items at dollar stores are good deals. But here are five finds that can be bargains.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.