Over time as your car loses value the premiums you pay for physical damage coverages Comp and Collision should go down.
Unfortunately the decrease in premium is not going to be directly related as you might like.
Watch the video to find out why…
Watch this video “What Happens to My Comp and Collision Premiums as My Car Loses Value?” for more details:
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This is video #83 of a one hundred insurance video series that The Murray Group is producing to provide insurance consumers with quick, valuable answers to their everyday insurance questions.
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created by Ryan Hanley