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Do insurance companies share data with each other?

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Do insurance companies share data with each other?

I'd like to ask this question from Insurance subject matter

I got this question in exam.

Other related questions to my question are:

Do insurance companies share information with each other?

Do health insurance companies communicate with each other?

What information do insurance companies have access to?

Where do insurance companies get their data?

Do insurance companies talk to each other after an accident?

Do insurance companies report claims to each other?

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Correct answer is: Insurance companies do not consult with one another or share information directly. However, all insurance companies access centralized databases containing complete claim information for a driver.Nov 12, 2020

The title of my answer can be Do Car Insurance Companies Share Information with Each

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