4 major potential downsides to a cheap car insurance plan

We all want to get the best bang for our buck. That’s why we strive to find cheap car insurance rates that still match the coverage we want. It is also a shared secret that the insurer and the vehicle owner know that everyone is looking for business. To entice customers to sign up, insurers advertise cheap car insurance rates.

However, if you are involved in an accident, cheap auto insurance can come with a high cost of ownership for auto repairs or medical expenses. With better information, that cheap plan suddenly isn’t as great as you thought it was.

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