Not all auto insurance policies cover flood damage. Insurance companies can completely write off vehicles with water damage due to mechanical complications. Drivers can take action to avoid ...

An umbrella insurance policy sits on top of your underlying insurance policies. In covered situations, when the limits on the underlying policies are exhausted, your umbrella insurance policy will ...

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 ...

Liability coverage helps you pay for another driver’s vehicle repairs and medical expenses if you are at-fault in an accident. This type of coverage can pay out for both property damage and bodily ...

Discover how insurance proceeds work, learn their tax implications, and find out what you need to know about claim processes and financial indemnifications.