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You wouldn't want to invest $15,000 into a car only to get into an accident a week later. While car insurance rates can get expensive, you can take measures to decrease your premium; shop around, drive safely, keep your credit rating high, and keep driving! This may include car damage or loss due to fire, hail, vandalism, or theft. There is also a type of policy for covering car damages caused by a car accident caused by the other driver who has insufficient liability insurance. Cars don't come cheap either.

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