What is new car replacement insurance, and is it worth it? [Yahoo! Finance]
The Travelers Companies, Inc. (TRV)
Last the travelers companies, inc. earnings: 4/21 06:57 am
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Source: Yahoo! Finance
you on the hook for the full balance of your car loan and the burden of finding a new ride. New car replacement insurance can help cover your losses and ensure you can afford a comparable replacement car. Let's take a closer look at what new car replacement insurance is, what it covers, and if it's worth it for your wallet. What is new car replacement insurance? Most new vehicles and motorcycles depreciate as soon as you drive them off the lot. While this depends on multiple factors, such as the make, model, and age of the vehicle, Kelley Blue Book indicates that the average car loses as much as 20% of its value in the first year of ownership. This puts owners of new cars in a jam because car insurance only pays for the car's actual cash value (ACV) in the event of an accident. This means you're holding the bag not only on what's left on your auto loan but also fronting the extra funds to replace the car. In the case of a totaled vehicle, new car replacement insurance covers
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News
- With extreme weather comes extreme insurance prices for homeowners [Yahoo! Finance]Yahoo! Finance
- With extreme weather comes extreme insurance prices for homeowners in disaster-prone states [CBS News]CBS News
- The Travelers Companies, Inc. (NYSE: TRV) had its price target raised by analysts at Morgan Stanley from $214.00 to $216.00. They now have an "equal weight" rating on the stock.MarketBeat
- Here's Why You Should Hold Travelers (TRV) in Your Portfolio [Yahoo! Finance]Yahoo! Finance
- The Travelers Companies, Inc. (TRV) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance]Yahoo! Finance
TRV
Earnings
- 4/17/24 - Miss
TRV
Sec Filings
- 5/13/24 - Form 13F-HR
- 5/8/24 - Form DEFA14A
- 5/6/24 - Form DEFA14A
- TRV's page on the SEC website