Monday, August 23, 2010

Next to oil and gas prices are car insurance prices too high anyone agree?

Whats the deal the government wants everyone to participate in paying for auto insurance yet the prices are rediculous what happened to buying a car and registering it thats it? Does the government think about Americans servival aside from gas, food, children, mortgage blah blah blah............. or do people vote for laws blind folded????Next to oil and gas prices are car insurance prices too high anyone agree?
The attorneys get a HUGE percentage of your insurance dollar. They pay massive amounts to lobby against tort reform, so they can keep getting HUGE percentages of insurance payouts (usually about 30% of a claim). They LOVE suing, because juries are very sympathetic towards the little guy and like giving big awards against the big, mean insurance companies.





And yes, we keep voting in politicians that want the lawyer's money for their re-elections, so make the laws that favor the lawyers.





BTW, medical insurance is much more expensive than car insurance, IMHO.Next to oil and gas prices are car insurance prices too high anyone agree?
I had a rediculous price premium for insurance on my old car from the early 90s. I sold that sucker, bought a brand new 2005 model that comes with way cheaper insurance. Could be new safety features?





Paying $1500 a year for a car that had a blue book value of $2200 was rediculous.





The way the government sees the auto industry is that it is still a privlage, not a need, to own and drive a car. But as we can already see, gasoline prices are taking a big bite out of the national GDP. George Bush, in a speech today, said that gasoline is basically an added tax on the public. Big box retailers are paying less in taxes with reduced profits because people can't afford to go shopping. Wal-Mart's last quarter was terrible, and many other companies are warning about future earnings with the general problem coming from high energy prices. Oil companies do pay their share of taxes, but if the rest of corporate America begins paying less in taxes because of reduced income, the budget will get squeezed again.
If there weren't all these dorks cruising around without insurance and having wrecks, you'd notice a drop in your rates. Couple that with the ever rising cost of auto repair and consider the litiginous society we live in and is it any wonder our rates are sky-high?
what i think is funny is everyone complains about gas but if you buy water by the bottle it is even more expensive than gas. It's WATER something that is suppose to be free. Yet bottle it and put a fancy name on it and people buy anything lol





But yes car insurance, oil gas everything is climbing and don't forget taxes...
to answer all your questions YES
Yes.
I did have State Farm, my monthly premium was $148.00. I now have E-surance. My premium is $89/ month for the same coverage. 2 cars- a 1993 Beretta with min. coverage, and a 2002 Impala with full coverage.
yes, yes yes yes yes

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