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I sold my car and cancelled my insurance policy. Will my next policy be higher?

Not necessarily. It could go up or down, depending on:

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  • The next vehicle you buy
  • Your driving record between now and then (e.g. if you get a ticket while driving someone else's car)
  • Or any other changes that affect policy price, such as a longer commute.
Last updated: Jan. 26, 2013
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