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????
2006-08-21 12:49:41 · 13 answers · asked by amliera 2 in Cars & Transportation ➔ Insurance & Registration
Thanks for the positive feed back I just want to see some money back in my pocket for a while it's getting out of hand and citizens of America pay more taxes than a non citizen like for loans and new cars they pay pennies Americans pay an arm and a leg what the?
2006-08-22 05:28:42 · update #1
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.
2006-08-21 15:46:29 · answer #1 · answered by Anonymous 7 · 1⤊ 0⤋
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.
2006-08-21 13:12:50 · answer #2 · answered by Visage22 1 · 1⤊ 0⤋
I would recommend one to visit this internet site where you can compare quotes from different companies: http://QUOTES-FOR-INSURANCE.NET/index.html?src=2YArooisNN70
RE :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????
Update: Thanks for the positive feed back I just want to see some money back in my pocket for a while it's getting out of hand and citizens of America pay more taxes than a non citizen like for loans and new cars they pay pennies Americans pay an arm and a leg what the?
Follow 13 answers
2016-08-27 21:44:26 · answer #3 · answered by ? 6 · 0⤊ 0⤋
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2016-10-02 09:22:23 · answer #4 · answered by ? 4 · 0⤊ 0⤋
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...
2006-08-21 13:08:00 · answer #5 · answered by mrraraavis 6 · 1⤊ 0⤋
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RE Thanks for joining Yahoo Answers
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 ...show more
2014-09-10 17:03:13 · answer #6 · answered by Anonymous · 0⤊ 0⤋
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?
2006-08-21 12:59:03 · answer #7 · answered by Albannach 6 · 1⤊ 0⤋
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.
2006-08-21 12:56:04 · answer #8 · answered by Tricia 3 · 0⤊ 1⤋
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2016-03-23 05:17:06 · answer #9 · answered by ? 6 · 0⤊ 0⤋
Yes.
2006-08-21 13:39:25 · answer #10 · answered by mister ss 7 · 1⤊ 0⤋