The scenario: You've been in an accident where the other driver is found to be at fault. Your policy covers you for up to $1,000,000; theirs covers them for $200,000. The case goes to court and you're awarded $500,000 — now what? The court will award you a judgment of $500,000, taken against the at fault driver who caused the accident. Even though the at fault driver who caused the accident only has $200,000 worth of liability insurance, your insurance company will pay the remaining balance of $300,000.

With bills to pay and the state of the economy keeping you up at night, you've probably been trying to think of ways to cut down on your monthly costs. You may even be contemplating terminating your auto insurance policy, wondering what will happen if you don't have insurance…

In April 2009's Insider, you'll find Thinking of cancelling your auto insurance? Think again - and consider the repercussions of not having coverage. All about accident forgiveness: Do you know how your auto policy's "accident forgiveness" coverage works? Who's looking out for you? Understanding...

Should I buy life insurance on my mortgage or a life insurance policy? The first step is to contact a licensed insurance broker and compare rates from different insurance companies. He or she can help you choose the right option, but know there's a difference between the two.

Knowing what your home insurance policy does — and does not — cover can make a world of difference in terms of how you'll end up dealing with a potentially difficult situation. So go ahead and test your knowledge by taking our quick and easy quiz...

Will a ticket that I received while riding my motorcycle affect my car insurance?

Do you know what an OPCF is, specifically an OPCF 20? The Insider's new Did you know? feature has the answer …

In March 2009's Insider, you'll find "¦ Introduction: Tackling everyday home, life and car insurance scenarios<strong style="font-size: 16px;...

When it comes to picking a car, safety is usually pretty high up on the list of requirements for consumers. According to the Insurance Institute for Highway Safety, the following 11 new car models made it to the top of the list in their respective categories (based on the 2008 vehicle make):