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If you’re poor, you’ll pay significantly more for basic car insurance, a consumer advocacy group said Monday. In its new report, the Consumer Federation of America (CFA) analyzed price quotes for minimum liability coverage and found that lower-income.
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Called Google Compare for car insurance, the tool allows people to compare offerings from different insurance providers. The new service, unveiled on Thursday, compares auto insurance quotes from up to 14 carriers that are participating in the comparisons.
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The bonus works as a discount on the premium payable on the renewal of the policy. It is also possible to use the NCB while buying insurance for a new car. Here’s how to go about it. Selling the old car The existing car, which is eligible for NCB.