Since most Americans take loans to buy cars, they have to carry full (or low deductible) collision (your fault) and comprehensive (theft, vandalism, weather, et

Since most Americans take loans to buy cars, they have to carry full (or low deductible) collision (your fault) and comprehensive (theft, vandalism, weather, etc) insurance, not just liability. Also, insurance against damage by uninsured motorists is crucial, and can be a large part of the bill.