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Licensed insurers offer different pricing structures (premiums) depending upon various factors. They include:

--model year

--type of use and expected annual mileage

--age and driving history of primary and other drivers

--location of where car will be primarily garaged

--discounts available, including multi-car, multi-line, and others

--types and amounts of coverages sought (for example, collision coverage is not required by law, but may be required by lender-if it is not and insured opts to omit it, overall premium will be lower)

--deductibles selected

In all events, you should only deal with an authorized (licensed) insurer and agent/broker. Licensure can be confirmed through the office of the State insurance regulator.

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14y ago

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