Does the cost of repairs affect cost of auto insurance?

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1279029

2026-02-23 16:55

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Absolutely. The cost of vehicles, cost of parts, costs of repairs, frequency of losses, etc. There are many, many, many, things that go just the cost symbol of a vehicle, then many, many, many more factors that go into figuring the risk of loss of individuals. All of this is meshed together to calculate the cost of insurance. It's almost like a science isn't it?

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