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by Mike Valles on June 27, 2009

© elisfanclub
If you have a small loss, it may be better if you do not make a claim to your insurance company. Instead, pay for it out of your own pocket. Otherwise, you run the possibility of having your rates raised over a small loss that you could cover yourself. This will let you save money in the long run.
You can also save money on car insurance by raising your deductible just for this purpose. By having a higher deductible, say $500 or $1,000, your insurance company will not pay anything below the deductible level anyway. You must pay first and your insurer will not raise your rates if the loss is below the deductible amount.
Permalink: Another Way to Save on Car Insurance
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