What Are Automobile Insurance Surcharges?

Surcharges are essentially penalties for drivers whose actions caused vehicle insurance companies to believe that the risks of insuring such drivers increased and therefore they must charge higher premiums. They are in a way opposite of discounts offered for risk reducing factors and behaviors. Both surcharges and discounts are applied individually to qualifying (or deserving)…

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Auto Insurance for Low Mileage Drivers

The longer a vehicle stays on the roads the higher the chance of getting involved in an accident. This is well documented with statistical data and therefore companies recognize and offer cheap insurance for low mileage drivers. Even though they may not travel much many people like to keep cars. Having an automobile in your…

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What to Do after High Auto Insurance Renewal Quotes?

Receiving higher car insurance renewal quotes can be discouraging, especially when you’re already struggling to stick to your budget. Automobile insurance policies offer crucial protection against unforeseen events such as accidents, storms, and third-party injuries. before making impulsive changes or dropping valuable coverage, there are a few steps you can take to see if you…

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Do Safer Cars Get Large Insurance Discounts?

There are so many new features and more coming every day that sometimes even the vehicle insurers can get confused about the discounts they should offer. General consensus is that companies do take them into account when they calculate their premiums and offer some savings for the owners with safer automobiles. Commonly, automobiles with better…

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Automobile Insurance Loyalty Discounts?

Car insurance loyalty discounts are incentives to reward and retain long-term policyholders. These discounts are offered as a way to acknowledge customer loyalty and can lead to significant savings on premiums. Policyholders who have maintained their auto insurance policies with the same company for an extended period or meet specific criteria, such as having a…

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