In a world where cars are the default vehicle of choice for many people, the idea of choosing an auto insurance company can be daunting.
A search for the most reputable company is easy enough.
However, if you’re looking for the safest car insurance option, you might have a hard time finding the right policy.
Here’s a rundown of the types of auto insurance companies you should consider when buying a new vehicle.
Car rental companies That have a fleet of vehicles and are often seen as more reliable than car dealers.
Some of the largest car rental companies in the U.S. include Hertz and Blue Cross and Blue Shield.
You’ll find them in both cities.
These companies have extensive networks of customers who have signed up for their services.
Care credit companies You can find them through the same channels as auto rental companies, but are more reputable for their coverage.
They’ll offer a variety of options that include car insurance and home equity loans.
Old cars These are the traditional auto insurance providers that specialize in old cars.
They may offer discounts to homeowners with disabilities, but they won’t insure you if your vehicle gets wrecked.
The insurance company will cover the repairs, but you’ll need to pay your own out-of-pocket cost.
If you need to drive the car in order to get the coverage, you’ll have to get a car insurance quote through a third-party.
Commercial vehicle insurers Some companies specialize in commercial vehicles, like those offered by companies like Avis and Hertz.
They have fleets of commercial vehicles to offer, but the policies vary by company.
The big difference between commercial insurance and car insurance is that commercial insurance companies usually offer higher rates and can’t be extended by the owner.
These are your best bet for your new car.
Business vehicles These companies offer low-cost car insurance that will pay for the repair, but most will also cover the repair yourself.
They typically include a car warranty and a fleet to cover repairs.
Personal vehicles The vast majority of personal car insurance companies will provide personal car coverage.
You can use them to get an auto warranty or pay a small out- of-pocket expense to keep your vehicle running.
These vehicles are generally very inexpensive to own, but will likely need maintenance and maintenance work to keep them running.
You should use this insurance if you own a car that needs a few repairs.
Automotive insurance The average cost of auto insuring a car is $1,500.
If your car is worth more than $5,000, you can save a lot of money by buying a business car insurance policy.
The most popular companies include GM, GMC, Chrysler, and others.
Home insurance If your home is a rental property, then you’ll be better off purchasing a home insurance policy that covers your car and the home.
If it’s your own home, you may be able to save money by purchasing a business insurance policy for the home, or by paying a small deductible out of pocket.
Auto rental insurance The cost of car rental insurance can vary depending on the type of vehicle you’re leasing.
Some companies offer coverage for older cars, while others will cover newer vehicles.
For more on the pros and cons of car insurance, read this article.
Business auto insurance You may find that your business auto insurance policy covers repairs for a small percentage of the total cost.
You may also find that it covers all of the costs associated with the car itself, like engine maintenance and fuel.
If this is the case, you’re better off with a business auto policy.
Private auto insurance If you’re an individual who doesn’t need car insurance for personal use, you should contact a private auto insurance agent.
A company can offer discounts on their policies if you sign up with them.
For a list of companies that offer private auto policies, see our list of the best business auto policies.
Commercial car insurance If the car you rent is older than 10 years old, you shouldn’t have to worry about having to pay for repairs.
Commercial insurance companies also typically offer coverage of some sort, but it won’t be a comprehensive plan.
Commercial auto insurance covers vehicles that are older than 20 years, but typically covers vehicles up to 30 years old.
Commercial vehicles are often the most expensive vehicles for owners to own.
Residential car insurance Residential insurance can help protect you from getting a car you don’t want, and it’s the best option for renters who want to maintain their lease for their entire life.
You could get commercial auto insurance from an insurance company that covers vehicles of your choice, but if you want to rent your own vehicle, commercial auto will be the best choice.
Business car insurance Most companies will cover your home for repairs, and there are some that offer an auto loan guarantee.
These loans typically come with a 10-year repayment option, and they may even