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What does premium car insurance mean. Ad 5 Star Rated Comprehensive Car Insurance Awarded By Defaqto 2021. That profit means we can keep on protecting you and your car year after year. For extra business driving protection class 2 includes named drivers on your policy.

Ad Be Sure Of Quality Comprehensive Cover You Can Trust. Car insurance premium is an amount which the buyer agrees to pay to the insurer in return of which the insurer provides financial protection to the policy holder in case of unwanted expenses that may arise in future due to some real time scenarios. Insurers take many factors into account when setting premiums but with all else being equal the lower the group number the lower the insurance premium should be.

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Following factors directly influences car insurance premium -. Named drivers must use the vehicle for the same business as the policy holder. Insurance Premium Tax - 107 Part of your insurance premium is made up by the Governments Insurance Premium Tax or IPT for short.

IDV Insured Declared Value of the vehicle Type and age of the vehicle Cubic Capacity of the engine Geographical zone. 97 Of Customers Would Buy From Us Again. 3 Aspects of Car Insurance Premium.

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