What to do with a car insurance claim check
Unfortunately your insurance claim check doesn’t always go directly to your wallet.
Insurance is an important part of your overall financial plan.
— Cate Deventer
Cate Deventer is an insurance expert who has held Property & Casualty and Life, Accident & Health insurance licenses for over 10 years. As an insurance agent, she quoted and issued multiple insurance policy types and assisted clients with claims. She has a passion for helping people understand their insurance needs, choose appropriate coverage levels and learn how insurance coverage can affect overall financial well-being.
Cate also enjoys writing and editing and has since combined her passions for content and insurance. While earning a bachelor’s degree in English with a concentration in professional and technical writing from Indiana University, Cate also studied the insurance industry in all 50 states and Washington, D.C., assessed insurance providers and wrote about auto, property, flood, umbrella and life insurance products.
In addition to her love for insurance, Cate also has a soft spot for the FIRE movement and index funds. When she’s not writing insurance content or reading about other financial topics, you can usually find her playing with her hyperactive dog, reading thrillers, gardening or kickboxing.
Cate’s work on Bankrate.com has been featured in The New York Times, Huffington Post, Fortune.com and MarketWatch.
CBS News
CNBC
Yahoo! In the Know
Insurance is an important part of your overall financial plan.
— Cate Deventer
Unfortunately your insurance claim check doesn’t always go directly to your wallet.
Bankrate interviewed experts to learn why the Florida insurance market is in crisis.
Can I insure a car not in my name? Bankrate explains non-owner car insurance.
Roof inspections can help determine the condition and lifespan of your roof.
Learn when and how to file a car insurance claim.
An elevation certificate may help reduce your flood insurance cost. Learn how.
Learn about collision auto insurance coverage, how much it costs and if you need it.
Renters insurance can offer peace of mind in case of theft, liability and more.
The national average for full coverage auto insurance is $1,674 per year, but Americans can pay significantly different rates depending on their location.