3 ms·
In Italy, auto insurance contracts are limited by law to one year in length, so that people are encouraged to re-evaluate their position and get new quotes more
by noisem4ker 7y ago
In Italy, auto insurance contracts are limited by law to one year in length, so that people are encouraged to re-evaluate their position and get new quotes more often, promoting competition.
- lotsofpulp 7y agoI've never seen one longer than 6 months in the US. And I don't even think it's a contract for 6 months, you can cancel anytime and get a refund for the months you don't have it.
- lostapathy 7y agoOne year auto insurance in the US is actually super common. I never had it offerered/suggested to me until I became a homeowner - at which point my broker got me a small discount for doing a full year policy for both home and auto.