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[PDF File]Auto Insurance - State Corporation Commission
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Why purchase insurance? There are at least two reasons why insurance is purchased. The first, and perhaps most important, is for protection against loss from some catastrophic event. A car accident, an illness or injury, or death can lead to serious financial consequences. Insurance helps to provide protection against these financial losses ...
why car insurance

[PDF File]Insurance Rating Variables: What They Are and Why …
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Auto Insurance Law. It is designed to highlight certain important features of this law and should not be considered legal advice. Everyone has different insurance needs. If you have any questions concerning your coverage, please contact your insurance company ...
purpose of car insurance

[PDF File]Describe types and purposes of insurance.
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That’s why actuaries will use rating variables, which are char - acteristics that have been shown through rigorous analysis to correlate with the likelihood of making a claim. For example, in auto insurance typical rating variables include driver age, gender, and accident history as well as the model year of …
why car insurance is important

[PDF File]Consumer Guide Auto - Tennessee State Government …
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Why Should You Buy Auto Insurance? 4 • When you decide to buy an auto. You should have insurance in force on the day you first drive the auto as your own. If you ... It is important that you contact your agent or company immediately to ensure your vehicle is properly insured.
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[PDF File]WHY DO YOU NEED AUTO
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Auto and home insurance should meet your specific needs. That’s why insurance from MetLife Auto & Home® is designed so that you’re not surprised by coverage gaps or unexpected costs. We offer simplicity in our insurance packages and professional advice. Auto MetLife Auto & Home provides insurance coverage that eliminates gaps and surprises ...
importance of auto insurance

[PDF File]Why is having quality Auto and Home insurance so important?
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Auto and home insurance should meet your specific needs. That ’ s why insurance from MetLife Auto & Home ® is designed so that you ’re not surprised by coverage gaps or unexpected costs. We offer simplicity in our insurance packages and professional advice. Auto . MetLife Auto & Home provides insurance coverage that eliminates gaps and ...
why is auto insurance important

What Is Auto Insurance?
WHY DO YOU NEED AUTO INSURANCE? Auto insurance is an important purchase for most drivers. There are three main reasons to buy auto insurance. IT’S THE LAW! Missouri law requires vehicle owners and drivers to have liability and uninsured motorist coverage. 1 TO SATISFY YOUR LENDER If you have a car loan, most lenders require you have
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[PDF File]Why is having quality auto and home insurance so …
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Why You Need Auto Insurance Auto insurance is an important purchase for most drivers. There are three main reasons to buy auto insurance. 1. To comply with state laws Most states have auto insurance requirements. If you drive without insurance, you could be fined, and your vehicle could be impounded. 2. To satisfy your lender
why is car insurance necessary

[PDF File]YOUR GUIDE TO CHOOSING YOUR AUTO INSURANCE
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through longer retention (see Figure 1)—in auto coverage, some 44% of all promoters have been with their insurance company longer than 6 years, compared with just 27% of detractors. Retention of customers is typically the most important factor in an industry where customers have a regular purchase decision triggered
why car insurance

Why is auto insurance important