They usually bring all the claims experience with policyholders in a coverage group for e.g., people of similar age group, number of accidents, type of vehicle, etc. For example, if a large number of people in a coverage group files claims during a given year, their rates are likely to rise. When this happens, better discounts and lower overall premiums may be available at other insurance companies. When you decide to switch your car insurance policy to another company, you'll find that it's fairly easy to do so.
Just like Auto insurance, car insurance is not a luxury but a necessity. And in order to get the maximum advantage, experts recommend that you should shop around for cheap car insurance every 2-3 years. As policies change and new players enter the market there are so many new attractive car insurance schemes available you could benefit from. Changing car insurance every now and then is not advisable. But you should review your policy every 2-3 years and figure out if you are covered appropriately.
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