CltAltAcctDel t1_jebnptl wrote on March 30, 2023 at 8:57 PM

Reply to comment by LibraryBiggles in Auto Insurance Rate Increases 35% Seemingly Overnight, Allegedly Due To PA Rate Hike by Mother_Show8790

Why do you have collision coverage? You should only be carrying liability coverage for a vehicle that old. There’s a significant difference in premiums

jirenlagen t1_jedy42j wrote on March 31, 2023 at 9:30 AM

Because not everyone can afford to replace an older vehicle and get another monthly payment

CltAltAcctDel t1_jee1tk6 wrote on March 31, 2023 at 10:21 AM

The difference in premiums is significant and replacing a 2008 vehicle with another 2008 vehicle isn’t going to result in a $500/month car payment. The payout from the insurance company for an old car minus the deductible isn’t going to be as much money as you think. They will depreciate the fuck out of that car and you won’t have too much to show for your increased premium.

jirenlagen t1_jee48gt wrote on March 31, 2023 at 10:52 AM

You wouldn’t replace it with that. It would be a better one.

CltAltAcctDel t1_jeep0lz wrote on March 31, 2023 at 1:56 PM

You don’t have to buy a better one. There’s no requirement to get something newer or better. It just needs to be reliable - Honda or Toyota.

jirenlagen t1_jef7u31 wrote on March 31, 2023 at 4:01 PM

😂 it needs to be good enough to get from A to be but okay whatever

CltAltAcctDel t1_jefqqra wrote on March 31, 2023 at 6:04 PM

>It just needs to be reliable - Honda or Toyota.

It’s almost as if you didn’t read this part. L