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by user3359 2850 days ago
Comparing absolute insurance numbers without context of age, professional discounts, geography, etc. is pointless.

I paid $500/month as a 20 year old on a $5000 used Intrepid because I was in a high risk category in a major city. My uncle who lived on a farm in another state paid $500/year for both him + his wife on newer cars.

Point is, if he thinks it's fairly or underpriced for his particular situation, it probably is.

1 comments

So you've just compared exactly what I'm trying to point out to... what I'm trying to point out? My entire point is that with zero context we have no idea whether the article is completely true or false and dismissing something as fake news because it doesn't jive with his experience is wrong.
He wasn't necessarily shafted, insuring a 10 year old car is expensive especially if it's a model that is often involved in insurance claims. This is generally true but it will depend on so many factors that it destroys his argument.

It's like saying that he literally has a fake profile because I know a guy redindian and he doesn't have a BMW. Or that the Tesla M3 must be a fake car because I don't own one.