Gap insurance (also known as loan/lease payoff) is an optional auto insurance coverage that applies if your car is stolen or deemed a total loss. When your loan amount is more than your vehicle is worth, gap insurance coverage pays the difference. For example, if you owe $25,000 on your loan and your car is only worth $20,000, your policy's loan/lease payoff coverage covers the $5,000 gap, minus your deductible.

Full coverage car insurance can mean different things depending on the driver. Generally, a full coverage car insurance policy meets state requirements for liability insurance and includes comprehensive and collision coverage. However, you can have higher liability limits than your state requirements. You can also include a combination of optional coverages that offer more protection while you’re on the road.

The U.S. government is about to send checks — or direct deposits — to most Americans to help people survive financially this winter until coronavirus vaccines are more widely available.
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A bipartisan deal that President Trump signed Sunday will provide $600 “Economic Impact Payments” to adults with annual incomes up to $75,000, plus another $600 per child. Some Americans earning more than $75,000 will also receive money if they meet certain qualifications outlined below. Treasury Secretary Steven Mnuchin said he hopes to start sending out payments swiftly.

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Irrespective of whether you are a new homeowner, or you are in your second or third home, the chances are that you do not fully comprehend everything about homeowner’s insurance. Due to changes in a variety of factors, insurance companies are forced to change the terms and conditions to suit their customer’s needs as well as to secure their profits.