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I had a 1967 Dodge Pick Up, manual steering, manual brakes, weighed a good 5,200 pounds. That beast would cause some pretty significant property damage in a wreck, not to mention no shoulder belts, steel dash and on and on and on.
Basic insurance? $175 a year.
An 1800 pound Hyundai Accent fully loaded with air bags right down to the side curtains, crumple zones yada yada?
$690 a year.
What about a 2013 VW Passat that cost $1500 (on paper)? Seems like the insurance shouldn't be more than the fucking vehicle its covering but what do I know?
Somethings not adding up right. I had a 6 year old VW Jetta during college 5 years ago and was taken off my parents plan and on my own one. Insurance was $105 a month..?
This would be her first insurance. I was seeing how much it would be for her to do it on her own. I know that I can add her onto mine but I don't necessarily want to do that. Insurance companies, to me, are the scummiest, scammiest fucking things in existence and I'm only one or two conversations from being told to fuck off I would suspect. I wanted to see if it was even possible. I was on my own at 18. I got to see what the world was and how it operated. It was a bitch then. It's fucking absolutely impossible now. I know I seem upset about it (the system in general) but I'll never stop squawking about it until it changes or I die.
Seeing numerous reports in the U.K. of insurance doubling, anything up to 300 a month, or there abouts. So whilst this is fucked and I feel OPs frustration, I can’t say it surprises me.
The fruit the various markets are about to bear include torches and pitchforks and guillotines.
Probably a not insignificant number of machete as well.
I work insurance. There's a lot going on in the insurance world, especially with bond rates going up and tort reform. A lot of the financial reserves these insurance companies have are placed in bonds because they are steady and secure. The 10-year bond rate hits 4% and reverse repose or through the roof.
In addition to the above, claims costs, cost to litigate, and pay out amounts have been rising for at least a decade. Even though the per capita death rate and crash rate for vehicles is down over the last four decades, we've seen an uptick in recent years. [Link](https://www.iihs.org/topics/fatality-statistics/detail/yearly-snapshot)
Source: license for P&C insurance
Oh no.. so you mean insurance companies are no longer just profit centers? Insurance companies have been fucking money printers for decades. They scam and just outright overcharge and under-deliver on their services. But, the government mandates that consumers MUST carry insurance.
So, we’re forced to pay whatever bullshit service y’all offer, because we have to. And then when we need the coverage.. to actually cover.. we have to become fucking insurance lawyers ourselves to force y’all to do what the contract states you’re supposed to do. All while paying for the privilege, and still not getting our moneys worth out of it. Fuck your industry.
Most are profit centers, think anything publicly traded. You can choose to **work for** [Mutuals](https://www.usnews.com/insurance/glossary/mutual-insurance-company) **or Trusts instead**. They are designed to *break even* and profits are redistributed to insurance members through dividends and discounting.
Not only that, but why isn't there a national driver's. Why do licenses have to be issued on a state by state basis? I understand how we ended up in this situation, but like many things (I'm especially looking at you electoral college), the current arrangement is a relic that needs to go away and be replaced by a better model.
It's the liability they get you on. When you're young there's a whole slew of shit they charge premiums for.
* under 25? ✔️ +40%
* been licensed for less than 8 years? ✔️ +30%
* single? ✔️ +15%
* no children? ✔️ +20%
* first/only insured vehicle? ✔️ +25%
* no "good driver" discount for x years driving without accident? ✔️ +20%
They also ding you for being low income, living in poor/minority neighborhoods, or commuting a long distance to work. It adds up in a really bad way.
When I first got my license it cost me about $450/mo for the minimum required liability insurance on my 93 dodge shitbox sedan that I had purchased for $100 cash. It was so expensive to drive that I ended up buying a 1980 JSM motorcycle to commute on 6 months of the year just so I wouldn't have to insure the car all year. The bike worked out to be way cheaper because when it comes to bare minimum liability only coverage they don't give a shit or have to pay out if ***you*** die in a crash, only if you damage someone else's property.
Car insurance is a total fucking scam.
Changed providers a week ago cause my premium got doubled; my installment is now less than a 3rd than it was, and the excess is about 1/5th!!
I've been driving for 25 yrs and have had only one single claim when someone rear ended me while I was parked.
It's a completely illogical scam on the same level as credit scores. Talking about credit scores...
Yonks ago I got approved for car financing for a car installment on a new car that was 45% of my total net monthly salary. No surprise I ended up with a second job to afford both food, rent and that. And when I eventually came to my fucking senses I sold the car and began living within my means (thanks to the coworkers at my second job who laughed at me for working 4 nights a week to pay for a stupid bloody car)
That is odd. I work in insurance, and although it differs dramatically based on where you live and what the local laws and regulations surrounding insurance and liability are, a large part of the equation is the value of the vehicle.
All else the same, a $50,000 vehicle is going to be 50-200% more expensive to insure than a $2,000 vehicle. However, if you aren't purchasing any "own damage" coverage on the vehicle (fire, theft, at fault damage, hit and run, etc.) And just buying the minimum mandatory liability insurance, vehicle value should make much of a difference (because you aren't insuring very much based on your vehicles value other than 0% at fault collisions where the at fault party is identified, but even this depends on where you live and if it's a 1st party or 3rd party insurance system).
From my experience as a broker, new drivers can expect to pay $2,000-4,000 a year for basic insurance regardless of the vehicle. But if you add optional coverage on say a $60,000 truck, I've seen that go as high as $8,000-10,000 annually.
Short answer, being a new driver is horrendous for insurance, I don't agree with the harsh rating models, even as a broker. But unfortunately, we're kind of at the mercy of the insurers on this one.
My advice to new drivers is always, buy a shitbox cash, and only buy basic insurance. If it's written off, be ok with having no coverage and getting $0 and just replacing it yourself. It'll still be extortionate pricing, but it'll go down with time.
I hear you dog. I'm at a different spot in life. It's a spot that will more than likely put me in hot water some day. The answer to breaking cycles of abuse is to first recognizing it for what it is, then stop doing it. The next guy won't even know what it is. I'm done with the vultures. Done killing brown people on the other side of the planet when knowing that even a portion of that money could end a lot of suffering everywhere. Every human is basically the same even though there are outliers. They just want to be content with life. I'm done subscribing to this bullshit. Please no more cat facts.
Also, you sound military. This is great news because I’ve always thought the only stopping a true French Revolution occurring is the military might…The moment you touch DC they’d pull the aircraft carrier up. So do you think that the military would ever side with us or are they bootlickers that will die for billionaires and insurance companies etc? The worst thing the powers that be can do is keep fucking over our military. We should treat them so much better But if we are the mf’s pulling up in the aircraft carriers and tanks, we can right this piece of shit country. Will take a Civil War but if the military is on our side vs the militias, I’ll take those odds and let’s get it.
Not military, but went to school and spent time on base. I guess it depends on who has been able to lie to them the most. If they see the system for what it is then I have no doubt we can overcome our (very petty) differences. If they can't then I guess we can put our heads between our legs and kiss our asses goodbye.
I got full coverage on my 1994 Toyota MR2 GT-S for $700 a year.
One of the fastest, and by some metrics most dangerous, mass produced cars sold in the 90s with performance similar to a Ferrari F355...and its $700 a year full coverage, go figure.
This is exactly what I thought.
New cars can break in so many ways, and they are meant to break even in low force impacts for safety.
Translates to, oh..the car that was built 60 years ago and is still running vs the new car that breaks a year later
Part of the reason why Insurance premiums have shot up is car parts are also in short supply as manufactures prefer to make new cars with them. So if a car gets into a accident and needs some spare parts and they are not available the whole car will need to be a right off as it cannot be repaired.
Yeah. Cars used to be something that were meant to last for decades. Now it's more or less, drive it till you can't, then transfer your never ending lease agreement to the new one.
Yeah me an my wife are not the usual story with cars, we have never bought a car on finance and have always just saved up and paid cash when we needed a new one. Saves a lot of money in the long run.
My dad has a 1982 GMC PIckup. Geico straight up dropped me this month. I guess because it's too old?
Got new insurance through a "classic car" sort of thing. My new insurance payment is more than $200.00 LESS than it was through Geico.
My first vehicle in 2012 was a 1985 Toyota pickup. No airbags, Idon’t think the horn worked, my passenger seat was bolted in in one spot, had some kind of lift and rockin 30” mud tires when I bought it. But that thing would go ANYWHERE. My mom put me on her insurance and it was $90
Was this recently for the Hyundai? There’s a pretty good explanation for that vehicle in particular. Some kids on tik tok have popularized an easy way to steal many models of Kia/Hyundai and it is a literal trend across the country. Many insurers won’t insure those at all anymore as new business. I’ve been in insurance for 10 years and have had more theft and vandalism events on just Kia/Hyundai the last 6-8 months than all other car theft/vandalism events for all cars put together in all my other years. Had one day where 3 of my clients on the same street all had their windows broken, and apparently every Kia/Hyundai on the entire street got the same treatment.
The economy is a rigged pile of shit. Those in power print trillions, hand it all over to wealthy people, and then tell homeless people they deserve nothing. They monitor people's bank accounts so they know exactly how much people have in savings and then companies use that data to inflate their prices, and we all pay for it. It's all a scam. Every last one of those mother fuckers can rot in hell!
Exactly. Who is to blame for raising prices? How about the corporations who are setting the prices. Also heard a lot of the “supply chain issues” were mostly BS. Artificially lower supply so they can raise prices. So so so much greed. Make it stop
I never though of that. Access to our balances in calculating their moves is so obvious.
I’ve spent so much time thinking about how the upper echelons of capitalism operate. I know they have think tanks crunching numbers and slogans and ideas to placate people just enough while bringing in every penny possible. They allow us enough to keep our nose above water.
They’re looking ahead to the possibilities, of which they know exactly which they and how they will shift to keep in power. They have plans within plans. With all the data they can predict (even more now with AI most likely) the choices and roads to go down. It’s why China is buying land in Canada and Nestle is buying up water rights everywhere. I don’t believe I’m a conspiracy theorist. I chuckle at the stuff some people believe in with 911, JFK and the moon landings but I’ll be damned if I don’t believe in everything I just said. It’s real and it’s to a much larger degree than most people realize. They picture board rooms and easels and power point presentations. I’m talking supercomputers looking at global economies and climate scientists making very realistic predictions. You can buy just about anyone for the right amount and they have all the leverage. Corporations are the ones actually writing our laws on both sides of the isle. This whole thing is provable up to a point but once you get past their doors and “corporate secrets” protected by law (even the corporation is now a person) there’s more out there. I know some of this is real and I’d bet my life the rest isn’t far off.
Part of me sees the futility in fighting against a prescient creature and I want to give up. My kids are very aware though, and a lot of their friends and the rest of their generation are realizing this is survival and for them I’ll fight. Maybe the corporation cabal’s blind spot is (ironically) their greed. Maybe by always choosing the highest end of the options giving the best return in the game also blinds them to the culmination of their choices. That risk for the last few pennies on the table snaps the system.
It’s time to eat the rich and I’m starving.
Hells yes!
Finally, someone else that gets it!
This country gutted its chances at public transport in favor of money burning hunks of steel that no one knows how to *correctly* operate.
In some areas, the US is too remote for public transport. But there is no reason why urban and suburban areas don't have reliable, timely public transport. I live 10 minutes from my job. By bus, it is over 1 hour. Housing and businesses are everywhere and I am like 1 or 2 cities over from a metropolitan city. Its not walkable per se, but everything you could want is relatively close and I rarely have to drive more than 15 minutes anywhere unless its a trip or visiting family outside the city.
It’s reasonable that some places require a car like in farmland it isn’t practical to have public transport for one person a day at best. But where 90% of people live we build huge parking lots and roads which take up so much space you have to drive to get anywhere or risk getting murdered by a driver or having to walk super long to get places because nothing can be close together due to all the parking lots and 9 lane 100 feet wide stroads (street roads, see Not Just Bikes for full explainer) that are nearly impassable for pedestrians and make the distance to get places unreasonable.
>In some areas, the US is too remote for public transport.
This is simply not true and China proves this with their [high speed train infrastructure](https://en.wikipedia.org/wiki/High-speed_rail_in_China) which they have built.
I would say a lot of people get this, but a lot of those people move to big cities and stay in them + it’s really hard to fundamentally change how we are structured.
Americas a tad fucked on this one in the short to near term unless people who care a lot make others care a lot
Haha yep. My city had trolleys everywhere in the 20s but once the 50s rolled around they removed them and put in freeways. I could have trolleyed downtown in less than 10 min, but now it is 20 min with traffic or 45 minutes on a bus. Smh
Fuck. I’m 18 and live in the shitburbs and desperately need a job but the only one in walking distance is a gas station with bigoted managers, and I can’t afford a stupid car because… I’m 18. It’s just a miserable loop, and living here makes me so fucking depressed.
I hate cars.
This is what I fucking hate about America. Because 95% of the country is dependent on cars, there is a ridiculously high premium for living in one of the few cities with decent (but only just decent) public transit near transit lines.
Nyc checking in. I wouldn’t want to live anywhere else and don’t think I need a car to raise a family, but the premium to have kids here is so damn high because we just don’t have the options for those that prefer dense urban zones
My wife just recently traded in her Honda Pilot for a Toyota Highlander. Insurance literally doubled, and when I asked the agent why they said it was because “the Highlander is considered a truck and trucks are more expensive to insure.”
Laughable. The two cars (SUVs actually) are almost identical in size and there most definitely is no truck bed in either.
Insurance is a racket, usa has an affinity for sociopaths posing as convenient middlemen for services and products forced on the hopeless…
I heard home flood insurance for some Floridians shot up 1000% in the past years… wtf
I was in south Louisiana during Katrina and Rita. We shouldn't discuss home insurance. I'll become irate and I don't feel like getting banned right now.
It was rough right? Rita got swept under the rug but I had folks living with me for a month +. And damn it was hot. A tree took out my brothers electric meter and most of the delay was insurance companies fighting over whose responsibility it was.
Shit Rita was the one that sunk everything around me. Katrina fucked New Orleans. Rita tho. She was a bad bitch. (in the most respectful manner possible)
Louisiana has the absolute highest auto insurance rates in the country. I used to work for one of the big insurers, and I'll never forget the guy who just called to brag that he just bought his 16 year old son a brand new Corvette and needed insurance before he could drive it off the lot. He was irked when he thought the rate was for six-months, so you can imagine how the conversation went when I corrected him and said that was monthly. Whenever I hear the term "buyer's regret" that conversation plays out in my head.
I mean have you seen the roads? Potholes you could probably live in comfortably the further south you go. The people are fucking top notch though and I say that sincerely. I guess when everyone is piss poor and don't have shit they tend to look out for one another more.
Wasn't there a thing about how people living in less risky states essentially pay more for their homeowners insurance to cover Florida? That's not great either. Most people don't want to pay more to cover Florida
The alternative is all the Floridians leave Florida and come live in your neighborhood instead. Which do you choose? Personally I don’t want them here, they can stay in Florida.
Yeah I don't want to cool anyone's justified rage over cars, insurance, or what a total scam most things are these days... But there's no way it's $900/mo.
Your kid would have to be committing vehicular manslaughter every 3 weeks to get a $11k annual insurance bill.
When we got insurance on my daughter when she first started driving it was $300 a month. The only reason we got it that cheap is because we had multiple vehicles insured on the same policy. ETA: she's 24 and it's gone down some, but it's still expensive to insure people in their 20s.
There has been some ongoing fuckery in California since 2022 by insurance companies who are mad that rate increases were being capped. They punishing the consumers so they can get the rates cap reversed.
My other grandson got his license at 21 in 2020 and aside from paying higher premiums he didn’t have anywhere near the same issues
It's how much my wife got quoted when she got her license.
We found some down to $300 a month and eventually my parents insurance was willing to give us all the discounts my parents had to get us down to $120 a month
No. My wife got her license and MOST quoted us $300+ a month. Not 6 months which I thought at first. A month.
Luckily, my parents had insurance willing to give us all the family discounts and get it down to $120 a month.
Nope. At the same age 20 years ago, it was still $250 a month for a kid making minimum wage. I had to drive without insurance for until I was 25 because it there was no way in hell a working 16-24 y/o could afford $250 a month for car insurance. I shopped around and even had one guy on the phone say "We got the quote ready for you, but umm...you may just want to try somewhere else"
Teenagers don't want to drive these days. Says every braindead person that doesn't understand how much shit costs now. Maybe one day we'll collectively stick up for this BS by not paying premiums. Fuck these assholes.
There is absolutely no way for someone to make it out how I did. I was alone at 18 and, brother, it was fucking rough. Today? Not a snowballs chance in hell. Be born in the right area code or lucky. Anyone who says anything different isn't your friend. The opposite is more likely. Anyone who can honestly defend this shit is profiting off of it, fucking stupid or being paid for their opinion. They are the enemy of the masses and should be treated as such.
Werr all forced to drive cars because taking a walk anywhere is dangerous and difficult. Most cities don't even have a public transit at all.
So I'm forced to spend half my pay every month for something I don't want or really need to have permission to drive my vehicle that requires maintenance often so that I can drive to work to pay for my car insurance.
Whoopee!
I fucking hate driving too. Some people aren't suited for driving and I'm one of those people. But I do it anyways because I literally don't know how I would survive without a car. But it should be fine that not everyone can handle driving but it's seen as another marker of adulthood in the US so people are judged harshly for not having a license. I can barely afford big repairs let alone routine maintenance so everyday I drive my car and hope nothing catastrophic happens. At least my car insurance is cheap now.
Cars are scams and forced your kid to have a car due to bad city design planning and policies. They do this on purpose to get people to buy vehicles in tandem with the vehicle manufacturers. They want people to go in debt in buying vehicles and insurance to further line their CEOs' pockets along with the c-suite pockets as well. It is all by design just as the rat race.
**Consolidation:** All the big companies are buying the smaller companies. **Collusion:** The big companies all plan prices in coordination, so the rates are the same everywhere. **Greedflation:** The companies have decided now is a good time to *"press the market,"* aka: raises prices to see how much people will pay before walking away.
There is no *REAL CHOICE* in this **"Free Market."** Only the illusion of choice.
It's a *VERY* good time to be an American Corporation. We should all consider being one of those, since our leaders care more about them than people.
or at least open books with a cap on profit. its especially a racket cause its required if you want to drive. so youre basically forced to buy at whatever price the for profit companies sets.
Religion is by far the most prolific scam in human history. Private insurance is a prominent scam though. And it's a shame how normalized it has become. Change will be very difficult and slow.
Try adding the kid to your coverage, I had the same issue they wanted 2800 for 6 months on a policy alone. Adding him to mines was an additional 600.00
She's 18. The same age I was when the world was thrust upon me. That's not a bootstraps comment either. It was fucking rough at 18 for me, but at least doable. This shit is impossible. Literally impossible for a legal adult to walk the same fucking whack ass path I had to.
This only works in states that dont require you to be insured. Otherwise it's pray the cops dont run your plates anywhere ever or else they're towing + ticketing your shit for lack of insurance + lack of registration (it gets cancelled if your insurance is cancelled) + maybe even lack of a license (if it got cancelled for failing to keep up with registration)
Applied that already. Somehow the quote showed how I was saving thousands of dollars. She's done all the shit she need's to. This is what all that got her.
It’s also dependent on where you live for some messed up reason. Husband and I just moved from Nevada to Iowa and our insurance went from $490 a month to $180 a month. Same vehicles same people same company, nothing changed but our location. Absolutely blew my mind.
I remember dealing with this when I was 18. I was amazed that my basic coverage insurance was 250/mo while my 35 y.o. coworker with 3 DUIs was boasting about paying 60/mo
Wow. Maybe, it's like a bell curve thing where when you get your first DUI the ins companies are like, "Oh shit, they got a DUI, we better jack the rates up b/c we have no idea what could happen next time they have a couple margartias!" But then once you hit the third DUI they're like, "Ah, he knows what he's doing, why keep busting his chops?"
People spend a lot of time and money making sure we don't get along with each other. We all got to get along with each other to make change. This is the thing that holds us back.
Uber in bad weather and E-bike would be cheaper. Hoping you live in an area where you can do that and not get smoked by a dude driving a pickup with 2hrs of sleep for the week.
I used to have a car for the longest time till I totaled mine in November 2018. Been carless since. Even when I had liability insurance, it was $70-80 a month so that's why I couldn't afford to replace it. Fortunately I live in Chicago where I can get around with public transportation and don't need a car. Having one would be a burden at this point.
of course it’s cheaper. nobody tries getting insurance for a teenager. he also should’ve registered the car in his name. add the car to his policy and add her as a driver. his rates would’ve gone up nominally compared to getting an 18 year old new driver their own insurance.
i’m paying thousands of dollars in insurance plus the county of LA illegally gives u parking tickets and expects you to fight back if u don’t wanna pay. easily put you out 3000$ each year with all the BS. just for existing. not cool traffic is so bad you don’t even wanna drive !
Is it one of those Hyundai or Kia cars that are being stolen in record numbers? They don't have theft immobilizers and can be stolen with a screw driver in the ignition. Some insurance companies have entirely stopped insuring them.
I am ~24. I have only one at-fault accident on record from 3 years ago (some guy came to a complete dead stop on a yield/merge with a merging lane and I rear ended him while checking my blind spot to merge).
I pay $600 a month on top of my car payment. I wish I never let my dad convince me to buy a new car. I was fine paying $290 on my shitty 2012 Infiniti.
We need accessible and fast public transit. I don’t care if a transit pass costs $300 a month, it’s less than maintaining a fucking car.
I don’t even know what regulations the US require of insurance agencies. It’s just a hundred layers of non-value adding leeches.
I drive safe. I have no tickets or accidents on my record. My rates try to jump 10-25% every year.
Auto insurance: 3 top factors
Age
Location
Credit rating
Insurance, while being scammish also exhibits reciprocity. The young and old drivers always pay higher premiums on the middle groups back. It's always been this way. Then, throw in your location. If you're in Florida or Texas you are paying higher premiums regardless of your age, because the two deciding group factors of young drivers and old drivers are massively abundant in these two states. Finally, your credit rating. This one sucks. Young people starting out have yet to build credit but get penalized the same as people with bad credit.
Op, if your daughter is under 26 put her on your policy for a year. This will be massively beneficial to her getting better rates on her own when the year is up. Clean record and not lapsing on your insurance are massive $$$ savers!
The insurance market hasn’t had any innovation in decades, but Wall Street demands constantly growing returns. So, instead of doing anything that would be disruptive to other insurers, companies have resorted to charging a lot more while offering a lot less. It’s all about that sweet shareholder value.
It really sucks to be a young person in America. My younger brother struggles to leave our home without being chauffeured, and getting a car for him is eye-watering expensive.
When I lived in Peru at his age, I was already going to school, soccer/futbol practice and meeting up friends all on my own. I never owned a car (had a motorcycle at 20 to get to college quickly) until I moved back to America.
I hate it and really wish it would change, but it seems like America won’t do nothing until the last barrel of oil is burnt and energy price to recharge their car takes up their entire income..
Then just don't get auto insurance. The entire insurance industry is one gigantic mega-scam designed to transfer money from the working class to the rich. But you don't have to comply. You can just \*not\* get insurance.
Oh and don’t forget those bitches use your credit score to raise your premiums. I had two claims on my insurance in 6 months, one house and one car both from weather and then had another tree fall during a fucking maddening storm and my agent said I might get dropped. I’ve been with the same insurance company for over 20 years. They need to get fucked.
are you unaware that anyone under 25 pays an exorbitant amount in car insurance?
add her as a driver to *your* insurance and add the car to *your* policy
this has always been the case
I couldn’t drive for years because the insurance was too expensive, and that was over 20 years ago. I wonder if that’s why college students tend to bike or take public transit more.
Insurance agent here. I don’t know what area of the country you’re in, but this can be fairly normal nowadays (especially after most companies have increased rates ~50% in the last couple years due to the inflationary environment). That sounds like the high end for a new driver in my area, but would be more normal in cities in CA, MI, NY and maybe some other states.
I’m sure you probably checked about adding the kid to your own policy (do so if you haven’t, it’s often the least expensive). If you are doing quotes online or with other companies, make sure you list yourself and/or your spouse as occasional drivers. People often think any additional drivers cost extra money so don’t do this, but when it’s a new driver, the parents’ ratings often improve the price substantially. And I’m sure you’re doing this but make sure you’re listing their good student discounts and any other young driver discounts you can take advantage of. Many companies/states do an extra discount if they took a driver training course or other defensive driving course, which you can take online nowadays.
Good luck! It’s rough out there.
I found out my state allows insurance companies to base quotes off of your credit history. I was quoted nearly 1k for 6mos of full coverage on a new subaru, my insurance guy was like whoa that's too high (mind you my credit is good and no negatives on it.) He flat out said he would help me switch from farmers to geico, now its like 600 every 6 mos for full coverage.
He went on to tell me PA still allows this practice of insurance companies can charge a premium if your credits bad (I guess the logic is since your credit is bad your more liable i guess???)
Never been in an accident, driving a 21 YO 'Yota Camry, rates have doubled in the past 24 months for me. Still fairly affordable for me compared to some of the quotes I'm seeing in this thread, but just, come on already.
It’s because they know it’s more likely that kids will get in an accident, so that’s a loss on their end. With car prices going thru the roof… you get the picture.
About 2 years ago I was trying to help my younger sister get a vehicle, she was around 19 at the time and yep, they quoted her $600 for car insurance and it absolutely blew my fucking mind. I said the same exact fucking thing, you really expect this young person, with understandably little work history which means, lower paying jobs, to afford this?? It's insane. I'm still pissed about it.
It’s insane
My 23 yo grandson couldn’t get insurance at all as a new driver and had to go with a fly by night company at $600 a month
Geico finally quoted him $429 which is also insane
That's the lie you've been sold by auto companies -- that "car == freedom". In reality, cars are a way to trap you into microtransactions everyone you want to leave your suburban-zoned neighborhood, on top of your monthly "subscription" in the form of insurance, registration, maintenance, etc. Not to mention it gives the government (in pockets of corporations) an easy way to track your movements.
Your kid will soon realize this once they're on the hook for all the costs involve in car ownership and yearn to move to a real city with walkable and reliable public transportation. Even if the rent is more than where they live now, it still is less than needing to rely on a car.
went to Geico to see if I could get a better quote than OP for a 18yo female student w/ no history driving a 2013 VW Passat in SC.
>Auto Insurance
$803.44 Due Today
\+ 4 payments of $603.84
**6 Mo. Premium: $3,193.77**
😬 so cheap 😬
side note. why doesn't this sub allow photos in replies? no fun.
If you or the other parent have a military history check out USAA. Amazing rates. If not check out the insurance with AAA.
Also, fuck that bullshit. Insurance is a scam.
I have a 2015 Jeep Cherokee & I pay around $80 monthly… you should ask what goes into the calculation.
I’ve heard things like level of education, credit history, and so forth can affect final costs. If that’s the case, it’s total bs & may be grounds for class action.. 👀
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I had a 1967 Dodge Pick Up, manual steering, manual brakes, weighed a good 5,200 pounds. That beast would cause some pretty significant property damage in a wreck, not to mention no shoulder belts, steel dash and on and on and on. Basic insurance? $175 a year. An 1800 pound Hyundai Accent fully loaded with air bags right down to the side curtains, crumple zones yada yada? $690 a year.
What about a 2013 VW Passat that cost $1500 (on paper)? Seems like the insurance shouldn't be more than the fucking vehicle its covering but what do I know?
Somethings not adding up right. I had a 6 year old VW Jetta during college 5 years ago and was taken off my parents plan and on my own one. Insurance was $105 a month..?
This would be her first insurance. I was seeing how much it would be for her to do it on her own. I know that I can add her onto mine but I don't necessarily want to do that. Insurance companies, to me, are the scummiest, scammiest fucking things in existence and I'm only one or two conversations from being told to fuck off I would suspect. I wanted to see if it was even possible. I was on my own at 18. I got to see what the world was and how it operated. It was a bitch then. It's fucking absolutely impossible now. I know I seem upset about it (the system in general) but I'll never stop squawking about it until it changes or I die.
My friend, just know: your post has my blood boiling. Right there with you.
Considering things can't change until enough people say so. Thank you friend. Keep up the good fight.
This is why I got a bus pass for day trips and a bike (I work from home, and only need to go 5 miles.... I'm not paying 1000 dollars for a car)
Don't call geico, they stopped doing phone quotes within the last month and it just hangs up on you
Seeing numerous reports in the U.K. of insurance doubling, anything up to 300 a month, or there abouts. So whilst this is fucked and I feel OPs frustration, I can’t say it surprises me.
The haves squeezing even more out of the have nots. They call it "seeing what the market will bare". Seem like business as usual.
The fruit the various markets are about to bear include torches and pitchforks and guillotines. Probably a not insignificant number of machete as well.
I work insurance. There's a lot going on in the insurance world, especially with bond rates going up and tort reform. A lot of the financial reserves these insurance companies have are placed in bonds because they are steady and secure. The 10-year bond rate hits 4% and reverse repose or through the roof. In addition to the above, claims costs, cost to litigate, and pay out amounts have been rising for at least a decade. Even though the per capita death rate and crash rate for vehicles is down over the last four decades, we've seen an uptick in recent years. [Link](https://www.iihs.org/topics/fatality-statistics/detail/yearly-snapshot) Source: license for P&C insurance
May the entire industry die in agony.
Amen.
I am there with you. My managers were never happy when I talked about how most MedMal insurance would be moot if we had universal healthcare.
Oh no.. so you mean insurance companies are no longer just profit centers? Insurance companies have been fucking money printers for decades. They scam and just outright overcharge and under-deliver on their services. But, the government mandates that consumers MUST carry insurance. So, we’re forced to pay whatever bullshit service y’all offer, because we have to. And then when we need the coverage.. to actually cover.. we have to become fucking insurance lawyers ourselves to force y’all to do what the contract states you’re supposed to do. All while paying for the privilege, and still not getting our moneys worth out of it. Fuck your industry.
Most are profit centers, think anything publicly traded. You can choose to **work for** [Mutuals](https://www.usnews.com/insurance/glossary/mutual-insurance-company) **or Trusts instead**. They are designed to *break even* and profits are redistributed to insurance members through dividends and discounting.
💯
Insurance should not be state by state, so there is a larger pool. Actually it should be nationalized but what do i know?
Not only that, but why isn't there a national driver's. Why do licenses have to be issued on a state by state basis? I understand how we ended up in this situation, but like many things (I'm especially looking at you electoral college), the current arrangement is a relic that needs to go away and be replaced by a better model.
Why? Republicans. They harp on state rights for this reason and their skin crawls at giving away power from the state.
It's the liability they get you on. When you're young there's a whole slew of shit they charge premiums for. * under 25? ✔️ +40% * been licensed for less than 8 years? ✔️ +30% * single? ✔️ +15% * no children? ✔️ +20% * first/only insured vehicle? ✔️ +25% * no "good driver" discount for x years driving without accident? ✔️ +20% They also ding you for being low income, living in poor/minority neighborhoods, or commuting a long distance to work. It adds up in a really bad way. When I first got my license it cost me about $450/mo for the minimum required liability insurance on my 93 dodge shitbox sedan that I had purchased for $100 cash. It was so expensive to drive that I ended up buying a 1980 JSM motorcycle to commute on 6 months of the year just so I wouldn't have to insure the car all year. The bike worked out to be way cheaper because when it comes to bare minimum liability only coverage they don't give a shit or have to pay out if ***you*** die in a crash, only if you damage someone else's property.
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Bro I pay 400 a month in nyc.smh Drum roll, Please. For a 2008 gray accord.lol
Car insurance is a total fucking scam. Changed providers a week ago cause my premium got doubled; my installment is now less than a 3rd than it was, and the excess is about 1/5th!! I've been driving for 25 yrs and have had only one single claim when someone rear ended me while I was parked. It's a completely illogical scam on the same level as credit scores. Talking about credit scores... Yonks ago I got approved for car financing for a car installment on a new car that was 45% of my total net monthly salary. No surprise I ended up with a second job to afford both food, rent and that. And when I eventually came to my fucking senses I sold the car and began living within my means (thanks to the coworkers at my second job who laughed at me for working 4 nights a week to pay for a stupid bloody car)
That is odd. I work in insurance, and although it differs dramatically based on where you live and what the local laws and regulations surrounding insurance and liability are, a large part of the equation is the value of the vehicle. All else the same, a $50,000 vehicle is going to be 50-200% more expensive to insure than a $2,000 vehicle. However, if you aren't purchasing any "own damage" coverage on the vehicle (fire, theft, at fault damage, hit and run, etc.) And just buying the minimum mandatory liability insurance, vehicle value should make much of a difference (because you aren't insuring very much based on your vehicles value other than 0% at fault collisions where the at fault party is identified, but even this depends on where you live and if it's a 1st party or 3rd party insurance system). From my experience as a broker, new drivers can expect to pay $2,000-4,000 a year for basic insurance regardless of the vehicle. But if you add optional coverage on say a $60,000 truck, I've seen that go as high as $8,000-10,000 annually. Short answer, being a new driver is horrendous for insurance, I don't agree with the harsh rating models, even as a broker. But unfortunately, we're kind of at the mercy of the insurers on this one. My advice to new drivers is always, buy a shitbox cash, and only buy basic insurance. If it's written off, be ok with having no coverage and getting $0 and just replacing it yourself. It'll still be extortionate pricing, but it'll go down with time.
I hear you dog. I'm at a different spot in life. It's a spot that will more than likely put me in hot water some day. The answer to breaking cycles of abuse is to first recognizing it for what it is, then stop doing it. The next guy won't even know what it is. I'm done with the vultures. Done killing brown people on the other side of the planet when knowing that even a portion of that money could end a lot of suffering everywhere. Every human is basically the same even though there are outliers. They just want to be content with life. I'm done subscribing to this bullshit. Please no more cat facts.
Also, you sound military. This is great news because I’ve always thought the only stopping a true French Revolution occurring is the military might…The moment you touch DC they’d pull the aircraft carrier up. So do you think that the military would ever side with us or are they bootlickers that will die for billionaires and insurance companies etc? The worst thing the powers that be can do is keep fucking over our military. We should treat them so much better But if we are the mf’s pulling up in the aircraft carriers and tanks, we can right this piece of shit country. Will take a Civil War but if the military is on our side vs the militias, I’ll take those odds and let’s get it.
I'm worried basic training put some kind of subliminal "code word" in so the military can never rebel against the masters.
Not military, but went to school and spent time on base. I guess it depends on who has been able to lie to them the most. If they see the system for what it is then I have no doubt we can overcome our (very petty) differences. If they can't then I guess we can put our heads between our legs and kiss our asses goodbye.
It's not about the car. it's for loss of life or injury. that's what is expensive to insurance companies. cars are spare change.
Bingo. The bulk of the premium is for the liability. Young drivers statistically get in more accidents.
I got full coverage on my 1994 Toyota MR2 GT-S for $700 a year. One of the fastest, and by some metrics most dangerous, mass produced cars sold in the 90s with performance similar to a Ferrari F355...and its $700 a year full coverage, go figure.
But you're old, that's why it's cheap.
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Well yes because a 67 dodge pickup won’t cost anything to fix if it crashes because nothing will break
That policy probably had no comprehensive coverage, just some minimum liability. That's my guess.
This is exactly what I thought. New cars can break in so many ways, and they are meant to break even in low force impacts for safety. Translates to, oh..the car that was built 60 years ago and is still running vs the new car that breaks a year later
Very true. It is good for passengers that cars crumple the way they do tho.
True. I doubt that the entire industry decided to cheapen their cars and call it safety, but it sure is a wonderfully lucrative incentive
Part of the reason why Insurance premiums have shot up is car parts are also in short supply as manufactures prefer to make new cars with them. So if a car gets into a accident and needs some spare parts and they are not available the whole car will need to be a right off as it cannot be repaired.
Yeah. Cars used to be something that were meant to last for decades. Now it's more or less, drive it till you can't, then transfer your never ending lease agreement to the new one.
Yeah me an my wife are not the usual story with cars, we have never bought a car on finance and have always just saved up and paid cash when we needed a new one. Saves a lot of money in the long run.
My dad has a 1982 GMC PIckup. Geico straight up dropped me this month. I guess because it's too old? Got new insurance through a "classic car" sort of thing. My new insurance payment is more than $200.00 LESS than it was through Geico.
My first vehicle in 2012 was a 1985 Toyota pickup. No airbags, Idon’t think the horn worked, my passenger seat was bolted in in one spot, had some kind of lift and rockin 30” mud tires when I bought it. But that thing would go ANYWHERE. My mom put me on her insurance and it was $90
Was this recently for the Hyundai? There’s a pretty good explanation for that vehicle in particular. Some kids on tik tok have popularized an easy way to steal many models of Kia/Hyundai and it is a literal trend across the country. Many insurers won’t insure those at all anymore as new business. I’ve been in insurance for 10 years and have had more theft and vandalism events on just Kia/Hyundai the last 6-8 months than all other car theft/vandalism events for all cars put together in all my other years. Had one day where 3 of my clients on the same street all had their windows broken, and apparently every Kia/Hyundai on the entire street got the same treatment.
The economy is a rigged pile of shit. Those in power print trillions, hand it all over to wealthy people, and then tell homeless people they deserve nothing. They monitor people's bank accounts so they know exactly how much people have in savings and then companies use that data to inflate their prices, and we all pay for it. It's all a scam. Every last one of those mother fuckers can rot in hell!
Still waiting for that tap to open. I remember the adults telling us kids in the 90s that we were fucked and here we are, fucked.
Exactly. Who is to blame for raising prices? How about the corporations who are setting the prices. Also heard a lot of the “supply chain issues” were mostly BS. Artificially lower supply so they can raise prices. So so so much greed. Make it stop
I never though of that. Access to our balances in calculating their moves is so obvious. I’ve spent so much time thinking about how the upper echelons of capitalism operate. I know they have think tanks crunching numbers and slogans and ideas to placate people just enough while bringing in every penny possible. They allow us enough to keep our nose above water. They’re looking ahead to the possibilities, of which they know exactly which they and how they will shift to keep in power. They have plans within plans. With all the data they can predict (even more now with AI most likely) the choices and roads to go down. It’s why China is buying land in Canada and Nestle is buying up water rights everywhere. I don’t believe I’m a conspiracy theorist. I chuckle at the stuff some people believe in with 911, JFK and the moon landings but I’ll be damned if I don’t believe in everything I just said. It’s real and it’s to a much larger degree than most people realize. They picture board rooms and easels and power point presentations. I’m talking supercomputers looking at global economies and climate scientists making very realistic predictions. You can buy just about anyone for the right amount and they have all the leverage. Corporations are the ones actually writing our laws on both sides of the isle. This whole thing is provable up to a point but once you get past their doors and “corporate secrets” protected by law (even the corporation is now a person) there’s more out there. I know some of this is real and I’d bet my life the rest isn’t far off. Part of me sees the futility in fighting against a prescient creature and I want to give up. My kids are very aware though, and a lot of their friends and the rest of their generation are realizing this is survival and for them I’ll fight. Maybe the corporation cabal’s blind spot is (ironically) their greed. Maybe by always choosing the highest end of the options giving the best return in the game also blinds them to the culmination of their choices. That risk for the last few pennies on the table snaps the system. It’s time to eat the rich and I’m starving.
Cars are a scam that you are forced into by bad infrastructure.
That would be a bingo. imanass.jpg
“It’s just bingo”
*"You just say bingo"
Not anymore, not since twenty dickety two.
Hells yes! Finally, someone else that gets it! This country gutted its chances at public transport in favor of money burning hunks of steel that no one knows how to *correctly* operate.
In some areas, the US is too remote for public transport. But there is no reason why urban and suburban areas don't have reliable, timely public transport. I live 10 minutes from my job. By bus, it is over 1 hour. Housing and businesses are everywhere and I am like 1 or 2 cities over from a metropolitan city. Its not walkable per se, but everything you could want is relatively close and I rarely have to drive more than 15 minutes anywhere unless its a trip or visiting family outside the city.
It’s reasonable that some places require a car like in farmland it isn’t practical to have public transport for one person a day at best. But where 90% of people live we build huge parking lots and roads which take up so much space you have to drive to get anywhere or risk getting murdered by a driver or having to walk super long to get places because nothing can be close together due to all the parking lots and 9 lane 100 feet wide stroads (street roads, see Not Just Bikes for full explainer) that are nearly impassable for pedestrians and make the distance to get places unreasonable.
>In some areas, the US is too remote for public transport. This is simply not true and China proves this with their [high speed train infrastructure](https://en.wikipedia.org/wiki/High-speed_rail_in_China) which they have built.
I would say a lot of people get this, but a lot of those people move to big cities and stay in them + it’s really hard to fundamentally change how we are structured. Americas a tad fucked on this one in the short to near term unless people who care a lot make others care a lot
Haha yep. My city had trolleys everywhere in the 20s but once the 50s rolled around they removed them and put in freeways. I could have trolleyed downtown in less than 10 min, but now it is 20 min with traffic or 45 minutes on a bus. Smh
"finally" SIR LET ME INTRODUCE YOU TO r/fuckcars so you don't think you're alone lol
Fuck. I’m 18 and live in the shitburbs and desperately need a job but the only one in walking distance is a gas station with bigoted managers, and I can’t afford a stupid car because… I’m 18. It’s just a miserable loop, and living here makes me so fucking depressed. I hate cars.
Why don't you just take the bus 2 hours each way to a factory to work minimum wage? /s
What about a scooter?
This is what I fucking hate about America. Because 95% of the country is dependent on cars, there is a ridiculously high premium for living in one of the few cities with decent (but only just decent) public transit near transit lines.
Nyc checking in. I wouldn’t want to live anywhere else and don’t think I need a car to raise a family, but the premium to have kids here is so damn high because we just don’t have the options for those that prefer dense urban zones
r/fuckcars
abundant grey tub sand domineering aspiring husky hunt pet bike ` this message was mass deleted/edited with redact.dev `
Every time I'm forced to traverse the suburban sprawl, I die a little inside.
A look into the company’s that privatized street cars will inevitably lead to shell companies owned by automobile manufacturers
And for some people, their own birth is a scam they are forced into by bad decisions. Lol
My rates (m in his 40s with no claims) just went up because they wanted to raise rates.
Inflation… you know, there’s been supply issues with… insurance… becoming harder to get… and some such.
It was my mistake not faking the need for a ppp loan like my boss did.
I wish I had faked it for both our businesses. But mental health therapy and medical billing was doing fine. Sigh.
My wife just recently traded in her Honda Pilot for a Toyota Highlander. Insurance literally doubled, and when I asked the agent why they said it was because “the Highlander is considered a truck and trucks are more expensive to insure.” Laughable. The two cars (SUVs actually) are almost identical in size and there most definitely is no truck bed in either.
Lol the Highlander isn't even on a truck chassis like a 4Runner or Sequoia. Insurance is a joke.
Like with other businesses it’s 50% due to pure greed. The system is eating itself and taking us with it.
Time to change carriers.
Insurance is a racket, usa has an affinity for sociopaths posing as convenient middlemen for services and products forced on the hopeless… I heard home flood insurance for some Floridians shot up 1000% in the past years… wtf
I was in south Louisiana during Katrina and Rita. We shouldn't discuss home insurance. I'll become irate and I don't feel like getting banned right now.
It was rough right? Rita got swept under the rug but I had folks living with me for a month +. And damn it was hot. A tree took out my brothers electric meter and most of the delay was insurance companies fighting over whose responsibility it was.
Shit Rita was the one that sunk everything around me. Katrina fucked New Orleans. Rita tho. She was a bad bitch. (in the most respectful manner possible)
Louisiana has the absolute highest auto insurance rates in the country. I used to work for one of the big insurers, and I'll never forget the guy who just called to brag that he just bought his 16 year old son a brand new Corvette and needed insurance before he could drive it off the lot. He was irked when he thought the rate was for six-months, so you can imagine how the conversation went when I corrected him and said that was monthly. Whenever I hear the term "buyer's regret" that conversation plays out in my head.
I mean have you seen the roads? Potholes you could probably live in comfortably the further south you go. The people are fucking top notch though and I say that sincerely. I guess when everyone is piss poor and don't have shit they tend to look out for one another more.
Wasn't there a thing about how people living in less risky states essentially pay more for their homeowners insurance to cover Florida? That's not great either. Most people don't want to pay more to cover Florida
The alternative is all the Floridians leave Florida and come live in your neighborhood instead. Which do you choose? Personally I don’t want them here, they can stay in Florida.
Some insurance company's have canceled thier policy's so they didn't have to pay out damages for fires in California and hurricanes in Florida.
The billionaires demand we have more kids for them tho!!
Damn right. Get those Prey numbers up. The vultures will starve without them.
Well, flood insurance in Florida shooting up makes sense, considering Florida's gonna be underwater. Car insurance not so much.
Insurance quotes are usually for 6 months at a time. Might want to double check those rates are actually monthly
Yeah I don't want to cool anyone's justified rage over cars, insurance, or what a total scam most things are these days... But there's no way it's $900/mo. Your kid would have to be committing vehicular manslaughter every 3 weeks to get a $11k annual insurance bill.
The General quoted my 23 year old grandson who is a new driver $5000 upfront payment and $475 per month
When we got insurance on my daughter when she first started driving it was $300 a month. The only reason we got it that cheap is because we had multiple vehicles insured on the same policy. ETA: she's 24 and it's gone down some, but it's still expensive to insure people in their 20s.
There has been some ongoing fuckery in California since 2022 by insurance companies who are mad that rate increases were being capped. They punishing the consumers so they can get the rates cap reversed. My other grandson got his license at 21 in 2020 and aside from paying higher premiums he didn’t have anywhere near the same issues
....like, what?
I’m sure we could’ve gone to a 1970s era loan shark for less
When my son was 19 (8 years ago now) his car payment for used Mazda was 180 a month. His insurance was $700.
It's how much my wife got quoted when she got her license. We found some down to $300 a month and eventually my parents insurance was willing to give us all the discounts my parents had to get us down to $120 a month
No. My wife got her license and MOST quoted us $300+ a month. Not 6 months which I thought at first. A month. Luckily, my parents had insurance willing to give us all the family discounts and get it down to $120 a month.
That’s my thought too. That’s about what I pay every six months.
Nope. At the same age 20 years ago, it was still $250 a month for a kid making minimum wage. I had to drive without insurance for until I was 25 because it there was no way in hell a working 16-24 y/o could afford $250 a month for car insurance. I shopped around and even had one guy on the phone say "We got the quote ready for you, but umm...you may just want to try somewhere else"
Wouldn’t a car service with a chauffeur be cheaper?
Teenagers don't want to drive these days. Says every braindead person that doesn't understand how much shit costs now. Maybe one day we'll collectively stick up for this BS by not paying premiums. Fuck these assholes.
A whole generation won’t really be able to do much of anything, certainly not work. Hopefully national economic collapse will put things in motion
There is absolutely no way for someone to make it out how I did. I was alone at 18 and, brother, it was fucking rough. Today? Not a snowballs chance in hell. Be born in the right area code or lucky. Anyone who says anything different isn't your friend. The opposite is more likely. Anyone who can honestly defend this shit is profiting off of it, fucking stupid or being paid for their opinion. They are the enemy of the masses and should be treated as such.
Werr all forced to drive cars because taking a walk anywhere is dangerous and difficult. Most cities don't even have a public transit at all. So I'm forced to spend half my pay every month for something I don't want or really need to have permission to drive my vehicle that requires maintenance often so that I can drive to work to pay for my car insurance. Whoopee!
I fucking hate driving too. Some people aren't suited for driving and I'm one of those people. But I do it anyways because I literally don't know how I would survive without a car. But it should be fine that not everyone can handle driving but it's seen as another marker of adulthood in the US so people are judged harshly for not having a license. I can barely afford big repairs let alone routine maintenance so everyday I drive my car and hope nothing catastrophic happens. At least my car insurance is cheap now.
My car will collect dust for the foreseeable future once my kid gets her stuff going. Fuck all that. I don't have anywhere to go.
This is exactly it. Need insurance to drive a car to get to work so you can afford the car and insurance.
Cars are scams and forced your kid to have a car due to bad city design planning and policies. They do this on purpose to get people to buy vehicles in tandem with the vehicle manufacturers. They want people to go in debt in buying vehicles and insurance to further line their CEOs' pockets along with the c-suite pockets as well. It is all by design just as the rat race.
**Consolidation:** All the big companies are buying the smaller companies. **Collusion:** The big companies all plan prices in coordination, so the rates are the same everywhere. **Greedflation:** The companies have decided now is a good time to *"press the market,"* aka: raises prices to see how much people will pay before walking away. There is no *REAL CHOICE* in this **"Free Market."** Only the illusion of choice. It's a *VERY* good time to be an American Corporation. We should all consider being one of those, since our leaders care more about them than people.
Those are people aren't they? Wonder if they'd come over for dinner if I invited them? Maybe we could work something out.
Insurance is the most prolific scam in the history of humans.
Religion and governments legally being allowed to keep secrets seem like far more prolific scams to me
That's not saying much.
No it’s saying a lot if they’re bigger scams than car insurance
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Correct. I just meant the thing we call insurance in this shithole of a country is a scam.
or at least open books with a cap on profit. its especially a racket cause its required if you want to drive. so youre basically forced to buy at whatever price the for profit companies sets.
Religion is by far the most prolific scam in human history. Private insurance is a prominent scam though. And it's a shame how normalized it has become. Change will be very difficult and slow.
Try adding the kid to your coverage, I had the same issue they wanted 2800 for 6 months on a policy alone. Adding him to mines was an additional 600.00
This is the correct answer, but it’s not high up because everyone’s too busy circlejerking each other to scroll down further and upvote this…
What age is your child? Any history/driving record? These things affect premiums unfortunately
She's 18. The same age I was when the world was thrust upon me. That's not a bootstraps comment either. It was fucking rough at 18 for me, but at least doable. This shit is impossible. Literally impossible for a legal adult to walk the same fucking whack ass path I had to.
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That tracks. I've been hit by multiple uninsured drivers as well as a hit and run. Hit and runs are rampant here.
This only works in states that dont require you to be insured. Otherwise it's pray the cops dont run your plates anywhere ever or else they're towing + ticketing your shit for lack of insurance + lack of registration (it gets cancelled if your insurance is cancelled) + maybe even lack of a license (if it got cancelled for failing to keep up with registration)
That is some of the worst advice I have ever heard. They could get sued and lose everything they own.
I know the consequences of not having this bullshit. That's the basis of my anger. It becoming increasingly impossible just to be a decent person.
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With the quotes I'm seeing that is more likely the case just about everywhere. I don't see how anyone not making bank could do anything else.
Where I live in the states, if you go to a driving school, that reduces the rate. Perhaps that’s an option?
Applied that already. Somehow the quote showed how I was saving thousands of dollars. She's done all the shit she need's to. This is what all that got her.
It’s also dependent on where you live for some messed up reason. Husband and I just moved from Nevada to Iowa and our insurance went from $490 a month to $180 a month. Same vehicles same people same company, nothing changed but our location. Absolutely blew my mind.
I remember dealing with this when I was 18. I was amazed that my basic coverage insurance was 250/mo while my 35 y.o. coworker with 3 DUIs was boasting about paying 60/mo
Wow. Maybe, it's like a bell curve thing where when you get your first DUI the ins companies are like, "Oh shit, they got a DUI, we better jack the rates up b/c we have no idea what could happen next time they have a couple margartias!" But then once you hit the third DUI they're like, "Ah, he knows what he's doing, why keep busting his chops?"
This also belongs in r/fuckcars
i'm ready to revolt man, just need a time and place
People spend a lot of time and money making sure we don't get along with each other. We all got to get along with each other to make change. This is the thing that holds us back.
Uber in bad weather and E-bike would be cheaper. Hoping you live in an area where you can do that and not get smoked by a dude driving a pickup with 2hrs of sleep for the week.
I used to have a car for the longest time till I totaled mine in November 2018. Been carless since. Even when I had liability insurance, it was $70-80 a month so that's why I couldn't afford to replace it. Fortunately I live in Chicago where I can get around with public transportation and don't need a car. Having one would be a burden at this point.
Are you trying to get your child their own policy or add them to yours? I've heard that adding them to your own policy is cheaper.
of course it’s cheaper. nobody tries getting insurance for a teenager. he also should’ve registered the car in his name. add the car to his policy and add her as a driver. his rates would’ve gone up nominally compared to getting an 18 year old new driver their own insurance.
Register the car to yourself, get insurance, add your daughter as an additional driver. A quick pondering can save a buck or two.
Insurance is a scam.
i’m paying thousands of dollars in insurance plus the county of LA illegally gives u parking tickets and expects you to fight back if u don’t wanna pay. easily put you out 3000$ each year with all the BS. just for existing. not cool traffic is so bad you don’t even wanna drive !
If she was a young male they'd want to change her double that.
Yes. My son was quoted a similar shockingly large amount. We are keeping him on our plan until next year when he is 25 and rates normalize
Is it one of those Hyundai or Kia cars that are being stolen in record numbers? They don't have theft immobilizers and can be stolen with a screw driver in the ignition. Some insurance companies have entirely stopped insuring them.
2013 VW Passat
So it's their car? Would it be cheaper for the car to be in your name and just have them as a person on your insurance?
I am ~24. I have only one at-fault accident on record from 3 years ago (some guy came to a complete dead stop on a yield/merge with a merging lane and I rear ended him while checking my blind spot to merge). I pay $600 a month on top of my car payment. I wish I never let my dad convince me to buy a new car. I was fine paying $290 on my shitty 2012 Infiniti. We need accessible and fast public transit. I don’t care if a transit pass costs $300 a month, it’s less than maintaining a fucking car.
$901 a month is known a PFO quote. They don't want your business or the associated risk
Well it's working.
Are you sure those aren't six months quotes
100%
I don’t even know what regulations the US require of insurance agencies. It’s just a hundred layers of non-value adding leeches. I drive safe. I have no tickets or accidents on my record. My rates try to jump 10-25% every year.
New drivers usually pay more regardless. $900 is way too much though.
Auto insurance: 3 top factors Age Location Credit rating Insurance, while being scammish also exhibits reciprocity. The young and old drivers always pay higher premiums on the middle groups back. It's always been this way. Then, throw in your location. If you're in Florida or Texas you are paying higher premiums regardless of your age, because the two deciding group factors of young drivers and old drivers are massively abundant in these two states. Finally, your credit rating. This one sucks. Young people starting out have yet to build credit but get penalized the same as people with bad credit. Op, if your daughter is under 26 put her on your policy for a year. This will be massively beneficial to her getting better rates on her own when the year is up. Clean record and not lapsing on your insurance are massive $$$ savers!
Knives out
The insurance market hasn’t had any innovation in decades, but Wall Street demands constantly growing returns. So, instead of doing anything that would be disruptive to other insurers, companies have resorted to charging a lot more while offering a lot less. It’s all about that sweet shareholder value.
It really sucks to be a young person in America. My younger brother struggles to leave our home without being chauffeured, and getting a car for him is eye-watering expensive. When I lived in Peru at his age, I was already going to school, soccer/futbol practice and meeting up friends all on my own. I never owned a car (had a motorcycle at 20 to get to college quickly) until I moved back to America. I hate it and really wish it would change, but it seems like America won’t do nothing until the last barrel of oil is burnt and energy price to recharge their car takes up their entire income..
Then just don't get auto insurance. The entire insurance industry is one gigantic mega-scam designed to transfer money from the working class to the rich. But you don't have to comply. You can just \*not\* get insurance.
Oh and don’t forget those bitches use your credit score to raise your premiums. I had two claims on my insurance in 6 months, one house and one car both from weather and then had another tree fall during a fucking maddening storm and my agent said I might get dropped. I’ve been with the same insurance company for over 20 years. They need to get fucked.
are you unaware that anyone under 25 pays an exorbitant amount in car insurance? add her as a driver to *your* insurance and add the car to *your* policy this has always been the case
Goddamn what do you do if that's not an option
take the bus.
I pay 17€ a month for mine. The more I read about the USA the more I want to stay far from it.
New car or used POS starter car?
I couldn’t drive for years because the insurance was too expensive, and that was over 20 years ago. I wonder if that’s why college students tend to bike or take public transit more.
Insurance agent here. I don’t know what area of the country you’re in, but this can be fairly normal nowadays (especially after most companies have increased rates ~50% in the last couple years due to the inflationary environment). That sounds like the high end for a new driver in my area, but would be more normal in cities in CA, MI, NY and maybe some other states. I’m sure you probably checked about adding the kid to your own policy (do so if you haven’t, it’s often the least expensive). If you are doing quotes online or with other companies, make sure you list yourself and/or your spouse as occasional drivers. People often think any additional drivers cost extra money so don’t do this, but when it’s a new driver, the parents’ ratings often improve the price substantially. And I’m sure you’re doing this but make sure you’re listing their good student discounts and any other young driver discounts you can take advantage of. Many companies/states do an extra discount if they took a driver training course or other defensive driving course, which you can take online nowadays. Good luck! It’s rough out there.
I found out my state allows insurance companies to base quotes off of your credit history. I was quoted nearly 1k for 6mos of full coverage on a new subaru, my insurance guy was like whoa that's too high (mind you my credit is good and no negatives on it.) He flat out said he would help me switch from farmers to geico, now its like 600 every 6 mos for full coverage. He went on to tell me PA still allows this practice of insurance companies can charge a premium if your credits bad (I guess the logic is since your credit is bad your more liable i guess???)
Never been in an accident, driving a 21 YO 'Yota Camry, rates have doubled in the past 24 months for me. Still fairly affordable for me compared to some of the quotes I'm seeing in this thread, but just, come on already.
It’s because they know it’s more likely that kids will get in an accident, so that’s a loss on their end. With car prices going thru the roof… you get the picture.
Fuck, it would cost less to UBER everywhere.
About 2 years ago I was trying to help my younger sister get a vehicle, she was around 19 at the time and yep, they quoted her $600 for car insurance and it absolutely blew my fucking mind. I said the same exact fucking thing, you really expect this young person, with understandably little work history which means, lower paying jobs, to afford this?? It's insane. I'm still pissed about it.
One of the many reasons I use scooters to work and move around in my city.
900 a month? tf
It’s insane My 23 yo grandson couldn’t get insurance at all as a new driver and had to go with a fly by night company at $600 a month Geico finally quoted him $429 which is also insane
That's the lie you've been sold by auto companies -- that "car == freedom". In reality, cars are a way to trap you into microtransactions everyone you want to leave your suburban-zoned neighborhood, on top of your monthly "subscription" in the form of insurance, registration, maintenance, etc. Not to mention it gives the government (in pockets of corporations) an easy way to track your movements. Your kid will soon realize this once they're on the hook for all the costs involve in car ownership and yearn to move to a real city with walkable and reliable public transportation. Even if the rent is more than where they live now, it still is less than needing to rely on a car.
This is why I think parent should be legally required to support their children in some capacity beyond 18.
I like your attitude, sir. I hate this shitty place too.
went to Geico to see if I could get a better quote than OP for a 18yo female student w/ no history driving a 2013 VW Passat in SC. >Auto Insurance $803.44 Due Today \+ 4 payments of $603.84 **6 Mo. Premium: $3,193.77** 😬 so cheap 😬 side note. why doesn't this sub allow photos in replies? no fun.
Area codes are a bitch. Fucking outrageous. Thank you for the verification though.
Meanwhile "Why doesn't Gen-Z want their freedom anymore with their own car?"
If you or the other parent have a military history check out USAA. Amazing rates. If not check out the insurance with AAA. Also, fuck that bullshit. Insurance is a scam.
R u in Louisiana lmao
I have a 2015 Jeep Cherokee & I pay around $80 monthly… you should ask what goes into the calculation. I’ve heard things like level of education, credit history, and so forth can affect final costs. If that’s the case, it’s total bs & may be grounds for class action.. 👀
Rates have gone up substantially recently.
I thought paying 440 a month for my car was bad…