Cars are worth less after a crash, even if repairs make it seem "good as new." A diminished value insurance claim pays you the difference between what your car was worth before the accident and what ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...

Agreed value car insurance is a policy where you and the insurer agree on the value of the covered vehicle. The item is guaranteed to be insured up to that fixed amount if you need to make a claim.