BIG BROTHER is ALIVE and WELL,,,,,,,,,

[machineman9]

[quote]I can't understand why anyone thinks auto insurance would go down in price for any reason. If you could eliminate all idiots and all accidents and all car theft and all vandalism.. YOUR premiums will not go down. Trust me.

[Steve M]

I like to see optimism, but insurance companies are all in bed with each other. Any smaller company trying to make a difference would be chewed up and spat out by the tigers. The big boys are publicly traded in the markets and lobby politicians relentlessly. Look at the huge, and I mean huge, buildings that major insurance companies own. They are chalk full of lawyers, expert adjusters, investigators, PR staff and right down to the humble brokers. So reducing monthly premiums for customers would not sit well for the shareholders.

[expat]

[quote][quote]As I said, you can't get much more immobilised than crushing it

[machineman9]

[quote]I like to see optimism, but insurance companies are all in bed with each other. Any smaller company trying to make a difference would be chewed up and spat out by the tigers. The big boys are publicly traded in the markets and lobby politicians relentlessly. Look at the huge, and I mean huge, buildings that major insurance companies own. They are chalk full of lawyers, expert adjusters, investigators, PR staff and right down to the humble brokers. So reducing monthly premiums for customers would not sit well for the shareholders.

[eno]

[quote]
Yep, when I hit 21 (which will be during university, so I will come back home with cheap car insurance) it will start shooting back down again.

It's a bit silly though... I have been driving for 2 years with no problems, no crashes, etc. I am now 19 years old. A friend of mine passed his driving test at age 21 (that magic number for cheaper insurance) and despite having far less experience than I do, was charged something like a third as much as I get charged. Apparently being older makes you a more sensible and better driver.

I wish they looked at the person, and not the statistic. But that would mean they earn less money because of me