Car Insurance for Teenage Drivers
Consider written by John: Why doesn’t car insurance go down every year since I owe less money to the dealer?
Every year my car insurance goes up and I am just 10 months away from paying off my car, I have never had an accident or a claim and been driving for 10 years. I have been with many car insurance companies but they do the same scam after few months.The insurance representatives don’t even know why it went up, they just say theirs went too. WHY ISN’T THE GOVERNMENT BEHIND THIS SWINDLERS? It’s been going up for the four year, haven’t had a relief despite I just owe 4k.
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Answer by Huh?
Only a small piece of your car insurance is related to the value of your car…just the collision coverage.
The primary purpose of insurance coverage is for liability insurance. It is to cover the damage you could do to someones property or injuries to another person if you were in an accident. At 60 MPH a $ 500 POS can do the same amount of damage then a $ 60,000 mercedes.
Answer by LUNA
I always telephone the Insurance Company when I receive my quote and ask for a cheaper quote. Never just accept it without talking to them.
Answer by Brittany
It’s because of all the uninsured motorists driving around. Your insurance rate has very little to do with how much you owe. It’s also because everybody loves to sue now a days.
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