What Are Automobile Insurance Surcharges?

Surcharges are additional fees or levies applied to car insurance premiums based on specific risk factors or actions of drivers. These surcharges are meant to balance the increased risk associated with certain drivers or situations that are not included in the normal rating structure of the insurance policy. Surcharges can be applied for various reasons,…

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Things to Know when Buying Car Insurance

One of the first things motorists should avoid doing is to rush and buy an auto insurance policy without considering what they want to achieve with this coverage. Insurance can protect vehicle owners against possible financial losses and offer them peace of mind. People may initially think that they have to pay high premiums for…

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