Before most people go out and buy a new car, how many of them consider the ramifications of that new vehicle on their car insurance? Personally, we do not believe many people do. As you will see, that mistake can result in a person overpaying in insurance premiums.
Most people know that if they buy a high performance sport cars, their monthly insurance premiums are going to jump through the roof. What many people don’t realize is the little Honda Accord that they just bought will also raise their premiums. Since this car is usually one of the most stolen vehicles, insurance companies will often offer insurance policies with higher premiums to offset the probability that your vehicle will be stolen.
Wednesday, October 28, 2009
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