Tag: credit insurance

How Do Self-Driving Safety Features Affect Your Car Insurance

Many drivers are ready for autonomous vehicles, even if the insurance industry isn’t. And while the safety features of self-driving cars can reduce the risk of accidents, that may not translate to cheaper car insurance premiums for drivers.  The National Highway Traffic Safety Administration says that more than 3,450 people were killed by distracted drivers in 2016, the last time it compiled such data. It notes that sending a text takes the driver’s eyes off […]

a vector graphic showing an umbrella covering people like credit insurance.

What Is Credit Insurance? And is it Worth It

In the simplest terms, credit insurance will cover the cost of your loan or credit card payments in the event that you are unable to pay the loan. It is insurance purchased by the borrower to cover their debts in case of any sudden eventualities such as death, or unemployment.  In most cases, credit insurance will not be marketed as a stand-alone type of insurance, but as one of the features of a credit card […]