Don't try to figure out insurance companies. The difference in premium between my Lexus LX430 and my VW Jetta diesel is $100. Both vehicles are 2001, can't figure out why. My 94 Toyota pickup is $175 less than the Lex.Originally posted by Reed Jensen
I don't think any of the insurance actuaries are boaters... they just crunch the numbers and statistics... more claims on cats equals more money in premiums. I own an old POS Ferrari.. full coverage is rediculous in cost... why? Even though the value of the car isn't much... it just screams "high claims" to the insurance company. Even the liability is high... because they think you are driving way over the speed limit all the time.