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Car insurance costs are based in part on the amount that insurers expect to pay out for claims — and if auto repair shops have to pay more for tools and data, those costs go up.
Myth #2: Your red car will cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
Insurance carriers commonly consider anything over 18,000 per year high mileage use, which can drastically increase the rate of your car insurance. The national average car insurance rate is ...
This coverage, however, cannot apply to rental cars because the insurance company does not want to assume responsibility for a claim greater than the value of the insured's vehicle, assuming that a rental car may be worth more than the insured's vehicle. Most rental car companies offer insurance to cover damage to the rental vehicle.
If your car was only worth $4,000 at the time of an accident and you're looking at $4,500 in body work to fix it, it doesn't make sense for your insurer to pay the higher amount when it can ...
YourMechanic is an American company that provides mobile automotive repair and maintenance services to vehicle owners at their location, such as their home or office. [ 1 ] [ 2 ] The privately held startup company was originally based in Mountain View, California [ 2 ] [ 3 ] before being acquired in June 2022 [ 4 ] by Wrench , a mobile ...
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