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“I converse with hundreds of insurance coverage adjusters every year,” Sabin stated, in response to Unicameral Update. Unicameral Update wrote that Bell, who was additionally representing the Nebraska Insurance Information Service, argued that aftermarket parts save shoppers cash on repairs and scale back premiums. The insurance industry’s own pitch for aftermarket components suggests the parts solely save customers about $20 a yr in premiums. And aftermarket elements don’t seem to be maintaining costs down a lot at all in Nebraska. The state’s average auto premium rose 19.06 percent between 2013 and 2017, the last five years with knowledge accessible from the National Association of Insurance Commissioners. U.S. inflation was just 5.2 p.c throughout that time, in accordance with the Bureau of Labor Statistics. Nationally, auto body work costs rose practically 8.7 percent, and auto parts prices fell 2.3 p.c during those five years. “We do care about our policy holders,” said Bell, in accordance with Unicameral Update. “We don’t need our insureds injured; we don’t want unsafe automobiles both.

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