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Why are quotes from different insurance companies different prices even when the coverage is exactly the same?

April 26, 2017companies coverage different Insurance prices quotes

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Why are quotes from different insurance companies different prices even when the coverage is exactly the same?

1 Answer

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Different insurance companies have different underwriting policies. Many insurance companies reduce premiums based on your lifestyle and vehicle use. The ideal car insurance premium should give you maximum cover when accident occurs without burning a hole in your pocket.