Why Is Import Car Insurance More Expensive?
21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasThat is a great question! The answer is simple, the cost of your auto insurance for your imported car is higher because the cost to repair it, should you damage it, is more expensive than a domestically made car would cost. The expense for parts and the specialized mechanics would cost the insurance company more, so they pass that expense on to you. Thanks for asking!Answered on June 18, 2014flag this answer
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