Understanding Auto Insurance Premiums

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How Vehicle Year Affects Auto Insurance Rates in 2024 ARTICLE

How Vehicle Year Affects Auto Insurance Rates in 2024

The age of your vehicle affects auto insurance rates significantly. For example, older cars have depreciated value, meaning they cost less for insurance companies to replace. However, new cars could see cheap auto insurance rates too if they’re equipped with safety and anti-theft features. Read More: How to Get an Anti-Theft Auto Insurance Discount However,...

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