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Insurance Social educates customers by saving time and money when searching for the best auto, life, home, or health insurance policy online. It develops direct relationships with carriers to help all customers shop real rates and get the right insurance for their current needs.

5 Common Auto Body Repairs: What They Cost. If you've dented your bumper, developed deep paint scratches or otherwise damaged your car, you may be surprised to discover that the cost to repair auto body mishaps can range between $50 to $1,500, and more.

5 Common Auto Body Repairs: What They Cost

Cars today are lighter, safer and get much better gas mileage. However, newer manufacturing technology also makes auto body repairs a lot more expensive. Review five common scenarios that lead to auto body repairs and understand the auto insurance coverage you should have in place before they happen. 1. Dented bumper You're slowly pulling out of your parking space at the gym when you realize that what you thought was a puddle is in fact a patch of ice. How much does it cost to fix a bumper? The cost to repair or replace today's bumpers is high because they are part of a complex system. Fix it yourself: If the damage is minimal, you may be able to repair the bumper yourself with a few everyday tools. 2. Do I Need an Umbrella Policy?

What is umbrella insurance?

Do I Need an Umbrella Policy?

Umbrella insurance is liability insurance that protects you and your assets from big-ticket lawsuit judgments against you. (Another name for umbrella insurance is "excess liability" coverage.) An umbrella policy provides liability protection above your standard homeowner, auto or boat insurance and may cover you for claims that are excluded by your other liability policies. Many people with auto and homeowner's insurance wonder if an umbrella insurance policy is really necessary.

If you own property or have other assets you want to preserve, you should strongly consider umbrella insurance. Call at 844-520-1583, and let one of our licensed agents help you compare quotes with umbrella insurance attached. This guide covers: When Are Car Insurance Settlements Taxable? Car accident insurance settlements are generally not taxable, although there are certain exceptions, according to the Internal Revenue Service (IRS).

When Are Car Insurance Settlements Taxable?

If you receive a settlement for personal physical injuries or physical sickness and did not take an itemized deduction for medical expenses related to the injury or sickness in prior years, the full amount is non-taxable. Do not include the settlement proceeds in your income. However, there are instances where auto accident compensation is taxable. It depends on how your settlement is structured. The negotiation between you and the driver who injured you should include tax considerations so you can keep as much of your settlement as possible.

Is my car accident settlement taxable? The taxability of compensation depends mostly on the reason for the payment -- to offset your lost wages, replace or repair your damaged property, cover your medical costs, recompense you for pain and suffering, or to punish the wrong-doer. 1. What type of car insurance do you need? Every state has different laws and every driver different needs, but the purpose of car insurance remains the same: to prevent financial disaster.

What type of car insurance do you need?

No policy will cover everything or make you financially whole in every case. Auto insurers roll out ridesharing policies. Auto insurers are finally starting to make peace with rideshare drivers.

Auto insurers roll out ridesharing policies

List of rideshare insurance companies In case you have been tucked away in the suburbs, rideshare drivers are everyday people who use apps run from companies such as Uber and Lyft to turn their personal cars into taxis of sorts. Ridesharing -- sometimes called "ride-hailing" -- has been growing at an impressive clip. As drivers embrace the chance to earn extra money hauling strangers around, insurance companies have balked about the risk. Drivers need traditional types of car insurance -- especially liability -- to cover their personal use, and ridesharing companies typically offer coverage that kicks in when a paying passenger is in the car.

In between, though, there’s been a huge gray area: the period when a driver is available for fares but does not yet have a passenger. Tips for first-time car insurance buyers. If you're a young adult about to buy a policy in your own name for the first time -- rather than staying under Mom or Dad's wing -- you will be considered a greater risk and pay proportionately more.

Tips for first-time car insurance buyers

Car insurance for young adults and teens can be complex, so use our guide before making any decisions. But why is car insurance more for young drivers? Statistically, you are many more times likely to have an accident than a driver over 25 is.You don't have a credit record. Insurance companies say folks with a bad or no credit history tend to file more claims.You're not a homeowner.