Several factors can raise your car insurance rate annually. Comparing car insurance rates should be standard practice.
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If you own a vehicle, you know auto insurance is a mandatory fixed expense over the term of your policy. But as the years progress, your auto insurance premium can increase — even for reasons beyond the individual risk you pose as a driver. Â
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Though your rate isn’t guaranteed to increase every year you’re insured, it can fluctuate for a few reasons, from Canada’s economic state to the current…
