Re[2]: Insurance ?'s

["Dahl, Dave" <dad@news.roadnet.ups.com>]

>>Typically insurance companies base their rates on claims history. Maybe, since
>>the 4000 is a less expensive car to buy new, more young guys buy them and 
>>crash them. And since the 5ktq cost more to buy new, only staid drivers less 
>>likely to crash them bought them. If an insurance company pays more dollars in
>>claims for the 4000 than the 5000, the cost of insuring the 4000 will be 
>>higher.
>
>Hmmm... Im 30, married etc.. my insurance went UP when I went from a 4000sq to 
>a 90 20VQ, and that has Airbags, Alarm, ABS etc!!!!

Another factor in the cost of insurance is the repair cost of the car, i.e., the
cost of parts and labor.  You can tell what is driving your insurance bill by 
looking at the breakdown.  For example, airbags typically lower the cost for the
medical portion of the insurance while raising the collision portion, since they
save your life but increase the repair cost.  On both my Quantum and my Volvo 
(two safe cars), the cost of medical is fairly low while the collision and 
comprehensive costs are high.  It's them durn furrin' parts!  :)  (or :( when 
I'm buying them).

- Dave Dahl  (dad@roadnet.ups.com)
- '87 VW Quantum Syncro
- '93 Volvo 850 GLT