What You Need to Know About Car Insurance in 2025

Most states enforce minimum liability limits for bodily injury and property damage. However, depending on whether you lease or finance your vehicle, lenders will require full coverage—which includes Collision and Comprehensive insurance.

Collision insurance handles repairs when your vehicle impacts another car or stationary object, while comprehensive protection covers non-collision losses such as theft, vandalism, weather damage, or falling objects.

Driver tip: Increasing your comprehensive and collision deductible from $500 to $1,000 can reduce your annual insurance premium by up to 20%.

Modern insurance providers offer numerous discount tiers that drivers frequently overlook: Telematics & Safe Driver Programs, Multi-Policy Bundling, and EV & Hybrid Vehicle Discounts.