Originally Posted by orangello
Ouch! I only pay about $75/month now. Sometimes it's good to own a less new car, others it ain't.
My rates more than doubled when I moved here with my old clunker on liability, and only went up 30 bucks when I got a new car with full coverage.
Here's a breakdown...
I was paying about 40 bucks a month in liability on my 95 pathfinder in Mississippi. Moved to Louisiana, my liability went to about 120 per month (I think it was 122 and some change) I couldn't afford it when I was unemployed. So, I went without. Illegal as hell, but like I said, you can't squeeze water from a stone. I couldn't find anything cheaper either.
Got a new car, and full coverage for 155. Theoretically, the finance company can take it if I don't keep it insured, but I've never heard of that actually happening. It's in the contract though. I guess because it isn't actually reported to the finance company if I lose coverage, but it IS reported to the state and they WILL revoke my tags and registration.
Now I AM employed, but make beans, and had to move on short notice.
This is just the way it is in Louisiana. We have among the highest auto rates in the country. It's because these jackalopes can't ****ing drive and the roads suck sweaty monkey balls. That was actually the reason for the rate increase as my agent told me. "Bad drivers, and bad roads" were her exact words.