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All Press Releases for August 14, 2005

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Fear Factor: Reporting An Accident To Your Insurance Company

TORONTO (PRWEB) August 14, 2005 -- While $1,000 is the minimum for mandatory reporting to collision centres, insurance companies want to know about all accidents, regardless of the amount.

Rates are based on risk, not "cost of repair."

Example: A driver with a clean record pays $1,855. After an accident, their rate could increase to $7,242. If they switched companies, they'd find one charging only $3,204.

Drivers paralyzed with fear of their insurance rate skyrocketing should use www.InsuranceHotline.com to find the lowest rate available if reporting an accident.

Rate example details; click:
http://www.insurancehotline.com/ratecomparison2.html.

For further information: Lee Romanov, president, InsuranceHotline.com, (416) 699-4378.

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CONTACT INFORMATION


Lee Romanov
CONSUMER'S GUIDE TO INSURANCE
416 699 4378
Email us Here

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