Could I owe more due to a mistake in my car insurance company's system?

This simple factor plays a huge part in how much you pay for car insurance. Make sure you look out for this so you don’t have to overpay for insurance.

If you total a leased car, your insurance company may pay you out for the damage. But if they give you less than you owe, you could be on the hook for the rest.

Don’t be afraid to negotiate when you first receive a claim settlement offer from your car insurance company. If you have proof of any medical bills and costs of repair from an accident, you can use it to get a better payout.