💨 Abstract

The article discusses the impact of parking location on car insurance premiums. Insurance companies consider parking location as a risk factor for theft, vandalism, or damage to the car. Parking in secure locations like gated communities or garages can lower premiums, while parking on busy streets or in high crime areas can increase them. Additionally, natural calamities and proximity to the workplace can also influence premiums.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖