We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money.
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for .
Editorial Integrity
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
How We Make Money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
Car insurance is a must in the U.S., but not everyone grabs the same coverage. There are dozens of types of riders and provisions to choose from, and you need to pick the best for you. The traditional parts of your insurance include bodily injury, personal property liability, personal injury protection, comprehensive and uninsured motorist. However, you may save money in the long run if you consider adding these riders to your policy.
MedPay. Though it may seem redundant at first glance, this rider covers medical bills up to your coverage limit for you, your family and others riding in your vehicle in case of an accident. It can even pay for costs not covered by your health insurance. No matter who’s at fault, MedPay covers you whether you’re involved in an accident while walking down the street, riding in a friend’s car or taking public transportation. You pay no deductible or copay, but it’s built into your premium.
Rental reimbursement. If you’re involved in an accident and drop off your car at the local mechanic, you’ll still need a car for the basics, such as getting to your job. This coverage allows you to rent a similarly sized vehicle to replace yours if it’s damaged or stolen.
Towing and labor. If your car breaks down at the side of the road or your tire goes flat on the highway, this covers out-of-pocket costs for towing and labor.
Gap auto insurance. The minute you drive your car from the dealership, it begins a continuous depreciation in value. So what happens if you get into an accident soon after buying that car? Your regular car insurance may not cover a sufficient amount to replace it. A gap insurance add-on will pay out the difference between the actual cash value of your car and whatever amount is left on your auto loan if your car is totaled in an accident.
You’re required to keep certain coverage depending on the state you live in. Maintaining the basic car insurance will ensure you’re met with basic needs, but add-ons could help plug the holes in your coverage.
Share