Automaker Collapse Equals Higher Auto Insurance Premiums?

North Hollywood, CA ( Pressreleasecollection ) August 25, 2009 — Financial experts are beginning to speculate the how the troubles of America’s auto companies may affect the auto insurance rates consumers pay, reports 2insure4less.com.

With certain brands going out of business, it could lead to higher repair costs since cars parts could potentially be harder to come buy. Also, since a car from a discontinued brand is worth less, the cost to repair a car may be higher than the actual value of the car. If auto insurance costs rise for American car owners, being vigilant about comparing auto insurance quotes on a regular basis and raising the deductible amount can help drivers cope with increased costs.

http://www.2insure4less.com
6400 Laurel Canyon Blvd, Ste 460
North Hollywood, CA 91606
Phone: 800.647.2164
Fax: 800.647.2142
Eric Oster

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