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Question: Why does having a secured Finance Loan increase the amount you pay on your comprehensive car insurance?

On Australian insurance websites, I've noticed when applying for comprehensive car insurance that when I enter that I have a secured Finance Loan, the cost increases.. And when I state that I have an unsecured Finance Loan, it decreases..

Answer: Checking out new car insurance is one of the easiest ways to save or lower costs. Get a quick quote at a website they always give multiple quotes.

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