Is AAA a mutual company?

Is AAA a mutual company?

Technically, the Auto Club, like other American Automobile Assn. member organizations, is a not-for-profit mutual benefit organization, which means it pays taxes but does not have to disclose key financial information, such as how much money its executives make. Aug 23, 1998

What is a good comprehensive deductible?

Typically, insurance agents recommend that your comprehensive deductible be between $100 and $500. Comprehensive claims tend to be filed for less damage than collisions, so having a lower deductible is often logical. Sep 14, 2021

Why is comprehensive cheaper?

How come comprehensive cover is sometimes cheaper? It’s because a lot of high-risk drivers tend to go for third-party cover as a way of lowering their insurance costs. As a result, the statistics begin to skew towards a higher number of claims on third-party policies. Feb 16, 2022

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