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Originally Posted by HaHa
Does this amount of CC borrowing come around and bite you by raising your auto insurance rates?
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It's hard to say definitively. My last auto insurance renewal in July 2005 (when I was at ~$25000 float) had my rates decrease by about 10% from the July 2004 amounts with essentially the same coverage (two cars each became 1 yr older).
I'd say no effect based on that. Even if our rates doubled from $800/yr to $1600/yr, we're still making much more from the interest rate arbitrage.
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