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Auto insurance, also known as vehicle insurance or automobile insurance is an insurance that provides financial protection to consumer against losses due to traffic accidents, thefts and other serious mishaps for a specific period. This policy not only provides protection from financial losses with regard to vehicle but is also a social responsibility tool. The car insurance cost is different for each prospective customer on the basis of the risk associated with the insurance holder including one’s driving experience, past violations history, credit card history, etc.
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