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Car Insurance 2020 Tips – Why Is Recommended To Compare Car Insurance Quotes Every Six Months – Benzinga

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LOS ANGELES, Jan. 26, 2020 /PRNewswire-PRWeb/ — To make sure their car insurance rates are still competitive, drivers are recommended to check the car insurance market at least twice per year. Insurance rates change frequently and different factors can lead to cheaper or more expensive premiums.

Top reasons for periodically comparing car insurance quotes:

  • Insurance companies periodically change the algorithm used to determine rates. Car insurance providers change their rates many times throughout the year to take into consideration various risk factors. Drivers can save time and money if they purchase insurance several weeks before a dangerous period begins. For example, drivers in the Northeast states can purchase a better insurance deal several months before the winter starts.
  • Policyholders can benefit of better rates after improving a credit score. Insurance companies use the drivers’ credit score when they determine the insurance premiums paid by them. Drivers with a good credit score will pay lower car insurance, while drivers with a bad credit score will pay more on their premiums.
  • Local car insurance legislation can also change periodically. The…



Read More: https://www.benzinga.com/pressreleases/20/01/n15185991/car-insurance-2020-tips-why-is-recommended-to-compare-car-insurance-quotes-every-six-months

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Source: https://www.benzinga.com/pressreleases/20/01/n15185991/car-insurance-2020-tips-why-is-recommended-to-compare-car-insurance-quotes-every-six-months

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