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Tag Archives: Car Insurance Myths

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What You Need to Know About Car Insurance Loyalty Discounts

Auto InsuranceBy Schwab InsuranceJanuary 7, 2021

Loyalty discounts are also called patronage discounts, which can be described as price drops provided to steady customers. Car insurance companies have used this practice to help retain customers. In some cases, the rewards may be in the form of better coverage for the same price rather than a straight discount. This technique of offering…

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