How Insurance Premiums are Calculated: Moving

Whether it’s a new place in the same city, or a new city on the other side of the country, you might be surprised how a move can affect your car insurance. It doesn’t matter if you haven’t changed cars or had any brushes with the law, the simple act of relocation can cause the premiums on your car to go up or down. But why? Calculating the price of insurance uses many factors you may not think matter, but that have statistical changes on the chance of getting into an accident.

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