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Buying Auto Insurance: 10 Things You Should Know - Autos - Nairaland

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Buying Auto Insurance: 10 Things You Should Know by Johntechservice(m): 9:15am On Jun 30, 2017
Insurance Company Charges Determination
Insurance companies underwrite to assess an applicant based on the risk involved, after that, he or she is then grouped with other similar risks and decide if the company will accept the application.

Based on the results of the underwriting process, the rating assigns a price based on what the insurer believes it will cost to assume the financial responsibility for the applicant’s potential claim.

These two factors determine what you pay for auto insurance. The first factor is agreement and the second factor is rating just as i mentioned above. Kindly follow Link Below to Get Guidelines>>
http://www.johntechservice.com.ng/2017/06/tips-buying-auto-insurance.html

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