The difference your vehicle makes to your auto insurance premiums

The type of vehicle you own and wish to insure plays a significant role among the various considerations that are used to calculate the rates that you will be quoted. There are many items that are factored into a rate calculation for car insurance, many of which have to do with the specific type of vehicle you are trying to insure, including the value or price of the vehicle, its popularity, the frequency of its theft, how much it costs to repair and even the way the drivers of those…

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U.K. regulators claim aggregators putting consumers at risk

Insurance regulators in the United Kingdom have found some problems with several online insurance quote aggregators, raising concerns as to whether the companies responsible for these websites were treating customers fairly. The Financial Services Authority has found instances of compliance failure with websites dealing in home and auto insurance. The regulatory group has been reviewing this particular sector of the insurance industry for several months now in an attempt to curtail fraud. So far, 19 companies have been found as failing to adhere to regulatory rules. Investigators reportedly discovered failures…

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