Why Do I Pay So Much For Car Insurance?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    That's really a personal question. Your rate for auto insurance is determined by many factors. Some of those factors are your motor vehicle record, your claims history, your age, your geographic location, the make/model and year of the  vehicle you are insuring, the number of vehicles on the policy, the number of drivers on the policy, and many other factors. If you believe that you are paying too much for your coverage call around and see what other carriers in your area have to offer, but remember that you get what you pay for sometimes.
    Answered on July 5, 2013
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    If you want to know the real cost of auto insurance, go without.  When you are in an accident, pay the victims out of your pocket, repair the other parties vehicle and yours and then deal with the lawsuits that will follow for lost wages, permanent injuries etc.  Even the best driver can be involved in a collision that is why they are called, “accidents.”
    Answered on August 4, 2014
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