You need a special car insurance policy called Classic Auto Insurance if you own a classic car. These specialized insurance companies can help you determine the amount of insurance you need since it is their business to insure collectible cars.

If you plan on renting a care over the July 4th weekend, make sure you do your homework on insurance before you get to the counter.  The Insurance Information Institute (I.I.I.) warns that waiting until you rent the care may be too late to avoid costly mistakes."Whether or not to buy rental car insurance or any other insurance product should not be a snap decision," says Jeanne Salvatore of the I.I.I. "Faced with a number of choices, some renters either purchase all of the coverage or they decline the insurance without knowing if they are covered by their own policies." 

With gas prices rising and the stock market diving, we could all use ideas for saving a little money. Here's one we thought was worth passing along:

Serafin Amog Esperancilla, an auto shop employee who was among five people charged for involvement in a car insurance scam, also figured in a “questionable” vehicular accident seven years ago that ended up with him and a businessman being awarded $120,000 in damages.The case has been dragging in court as Royal Crown Insurance Corp., which smelled something fishy from the start, appealed to the CNMI Supreme Court. The case is still pending in the High Court.

Without adequate sponsorship — $22 million annually as the break-even point, according to partner Felix Sabates — it simply didn't make sense to continue running a third team, particularly one that was 40th in points.Ganassi is not the first owner to shut down a team, and he won't be the last. Ganassi was ahead of his time, purchasing majority ownership from Felix Sabates in 2001.

This July, the temperatures aren't the only ones on the rise. Another thing that also increases during this month is the number of car thefts that take place.