If you never have a car accident in you’re life, all of your auto insurance dollars were wasted (from your perspective). If you cause a severe accident, where you destroy $100k worth of vehicles and put 3 people in the hospital for a month at a cost of $150k each, you’ll be very glad you had insurance. Health insurance and home insurance work the same way. The only thing that limits the profit they make is competition - other companies that provide the same product, competing for your ...
Why was my wrecked car free to insure?
The wrecked one was free to insure because it was so old that the multicar discount wiped out its rate. Reply [deleted]• Additional comment actions How much does your broker charge you? Reply more reply Loading NissanLeafowner • Additional comment actions I remember when I turned 25 my car insurance dropped like a rock.
How do I get the best auto insurance rates?
Use your friends as a gauge of what companies you might want to get rated with, but beyond that, educate yourself about auto insurance, know what coverage you'd like to get, then shop for rates. Scrutinize the quotes you get, and ask as many questions as necessary to understand the rate. Then make an informed decision. Reply Bishop120 •
Why is the Honda Civic so expensive to insure?
Final thing is that the Honda Civic is one of the most expensive cars to insure because its EXTREMELY common.. its one of the most common cars on the road. Because its common that makes it a prime target for theft. They are frequently stolen and stripped for parts. One of the cars which is worth more in parts than it is together.
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