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re: Inflation Check - Who's now paying more annually for auto Ins than Homeowners?

Posted on 2/19/24 at 8:39 pm to
Posted by LemmyLives
Texas
Member since Mar 2019
6571 posts
Posted on 2/19/24 at 8:39 pm to
quote:

youngest in a 12 yr old car that's probably worth 6-7k


Don't forget they're taking into consideration the amount of damage she can do to the $60k SUV in front of her at the stoplight.

A Tesla pulled out in front of me (I was doing under 15mph), and it was $25k in damage to my two fiddy, and almost ten weeks of rental costs, paid for by Tesla driver's insurance. That's more than a third of what the truck cost to begin with. My recent renewal is at 3500 ish a year with no drivers other than me on the policy (no accidents, at fault or not, since 2001.)

81 million votes.
This post was edited on 2/19/24 at 8:44 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
49100 posts
Posted on 2/19/24 at 8:58 pm to
quote:

Don't forget they're taking into consideration the amount of damage she can do to the $60k SUV in front of her at the stoplight.

Agreed but I'm sure replacement costs will at least be part of the coverage amount. I'd put my kids in older cars if I was worth 15 million anyway. At least for the first few years. 75% of them screw them up.
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