Car Depreciation and How Does It Affect Your Car Insurance Rates?

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Generally, the value of a new car can drop by more than 20% after the first 12 months of ownership. Same as your car insurance rates. Learn more about car depreciation's effects on car insurance rates. If you need a free car insurance comparison, please go to EINSURANCE.com.

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Key moments:
0:00 Introduction
0:13 Car insurance and car depreciation
1:08 Negotiate insurance rates with insurance companies
1:32 Ask for replacement cost coverage

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Hello EINSURANCE,

My questions are: are insurance premiums postively corellated with year of the vehicle ? As such, are replacement coverage costs available for commercial?

valeriugherasimov