Quote:
Originally Posted by M_Six
I'm not sure if it still works this way, but back in the 80's when I was in Germany the German system had new drivers paying a king's ransom for insurance and as you drove more and more years accident free, your rates dwindled away to practically nothing. That's the way it should be. New and/or bad drivers pay more, good drivers pay less. It's sort of that way in some states with surcharges, but those don't really benefit the good drivers. They just penalize the bad ones.
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That's how it should be! I don't mind paying say $25 a month. But I've paid these shysters by my estimates over $50,000 over the years! Think I've had them replace a bumper and maybe a couple windows in that time.
Look, it doesn't take a genius to realize the sheer $$$$$ ALL insurance companies make. If you've even dabled in finance/investments, you know how rock solid investing in insurance is. That shit is automatic like a money printing machine.