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Topic : Auto Insurance Quick guide: How Rates are Calculated-By K.Phillips
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Depending on your jurisdiction, the insurance premium you pay, can be either set by the government or determined by individual insurance companies, based on a framework of regulations that are set by the government.Figuring out the insurance premium that an individual companies will charge you, is a bit like putting different pieces of a puzzle together, because car insurance companies combine a number of different elements to arrive at your individual premium. The interesting part of it is that they all have a slightly different way of looking at things, and this produces a variation in prices between companies.The following is a brief explanation of how the differ
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