How does this make sense?
#13
That doesn't make sense. So, you're saying that the more common vehicles out there will have to pay more for insurance? You see less Porsches and Lambos than normal cars, does that mean they pay less for insurance than a Civic owner?
#15
Insurance rate is based on vehicle stats, driver profile, location, driving distance, theft rate and car value. Yes I know, caption obvious.
Having said that, whatever info you provided gets inputed into the computer for risk management. And there you have it.
Having said that, whatever info you provided gets inputed into the computer for risk management. And there you have it.
#16
When my wife got her new Civic back in '04 we were given a quote that was $18 less than what she was paying for her '91 Pontiac, and that was with the same insurance company. At the time I thought the same thing you are thinking now: how is this possible?
We got the new car and the insurance was indeed $18 less than on the older car. Made no sense, but I just took it and didn't complain.
We got the new car and the insurance was indeed $18 less than on the older car. Made no sense, but I just took it and didn't complain.
#17
Its a theory that could explain it, partially. It's obviously not the only factor.
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