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The extra years you possibly can go without making a declare, the bigger the low cost can be at renewal. As an example, an insurer may offer you a 30%-40% discount if you happen to can go without claiming for the primary yr of your policy and then offer you an additional 10% low cost if you can repeat the trick in your second year. Nonetheless, an accident is still more likely to see your premium rise, whatever the impact of your low cost.
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