Car insurance can be very confusing. You make a payment every month and you know that you’re covered. However, you probably have no idea how car insurance companies come up with the amount you pay for your premium. Ed Bernstein, a lawyer in Las Vegas, shares 6 things car insurance companies are unlikely to tell you.
1. Gender
You may be surprised by this fact but car insurance rates for women are much lower than those for men. On average, women can pay up to 12% less than men do. What’s the reason behind this substantial difference? First, men tend to file more claims than women.…
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