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When purchasing new insurance, there are seven critical pieces of information you should always communicate to your insurance agent. These factors can significantly impact your car insurance costs, either saving you money or potentially leading to higher expenses. Staying informed about these aspects is essential as they can influence your premiums and help you take advantage of available discounts. The video tutorial references an article from Yahoo Finance, which is noted for its credibility and helpful insights, avoiding spammy tactics often seen in other sources. Understanding these elements can empower you in your insurance choices and help you manage costs effectively.