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A car is a major investment, and like all major investments, you need to protect it. For rental cars, there is also a type of car insurance that will pay for damages caused by an accident on the road. There are liability car insurance policies that cover for accidental bodily injury as well as property damage to others. You wouldn't want to invest $15,000 into a car only to get into an accident a week later. This may include car damage or loss due to fire, hail, vandalism, or theft.

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