It can protect you financially if you injure someone or damage their property Reviewed by Erika Rasure Fact checked by Yarilet Perez Automobile insurance is designed to protect you and your vehicle if ...

Find out if you need umbrella insurance.

Laura Longero is an award-winning writer and editor who has more than 15 years of editorial experience. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he ...

A road collision can damage vehicles, destroy property and cause severe injuries. Liability car insurance covers associated costs when you’re at fault, protecting you from shelling out thousands in ...

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A collision damage waiver (CDW) covers rental car damage or theft and is available from the rental agency, your credit card, or your personal car insurance.

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 ...