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Why You Should Shop Around For Car Insurance |
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Written by ctcventures
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Thursday, 08 July 2010 |
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The one thing that a lot of car owners are probably not aware of, is that there is not one insurance company that provides the lowest rates in the industry. Not one. How insurance companies work is that each company has a set of categories or standards that they base their decisions on. Using these set of standards, insurance providers filter through their customers and they decide whether or not a particular applicant is a high insurance risk or not. This is why you get lower rates from one company and higher rates from another. If you pass the standards of the car insurance company, you get lower rates, if you don't you get higher rates. This is why it is always advisable to get quotes from at least five insurance providers in order to get a chance at the lowest possible rates that you can get at the kind of coverage that you want.
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