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But you should also be careful of what kind of car insurance you have. You wouldn't want to invest $15,000 into a car only to get into an accident a week later. There are also comprehensive car insurance policies that cover for loss or damage to the insured vehicle caused by circumstances other than car accidents. For rental cars, there is also a type of car insurance that will pay for damages caused by an accident on the road. There is also a type of car insurance policy called Personal Injury Protection (PIP) that covers an insured driver for injuries acquired from a car accident, regardless of fault.

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