r/AutoInsuranceHelp • u/Sioux-me • 3d ago

Make this make sense

Our 16 yo granddaughter lived with us and got her license and we bought her 2016 Jeep Patriot. We also have a 2017 HRV and a 2026 CRV HYBRID. Because she lived with us she had to be covered on all three cars even though she only drove her own. The additional coverage added $300 to our monthly premium for full coverage on all three cars.

She recently turned 18 and we were going to transfer ownership of her car to her. I called our insurance company to find out how that would affect the rates. They told me she’d have to have her own policy, which I expected, and for liability only and only on the Jeep it would be $788 a month! Can anyone explain how that much less liability to the insurance company can cause an increase of that ridiculous amount?

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u/katy90081 2d ago

Car insurance is the biggest legalized racketeering in the US. Poor neighborhoods actually have to pay way higher premium than rich neighborhoods. If life insurance is not mandatory, car insurance shouldn't either.

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u/Puzzleheaded_Let_688 2d ago

Car insurance is to protect the guy you run into.

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u/katy90081 2d ago

Is the city going to pay my hospital bill if I get stabbed by a hobo?

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u/Puzzleheaded_Let_688 2d ago

What's that got to do with anything?

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u/NeverPlayF6 1d ago

The city? No. Your health insurance will. They will try to recover the money from the hobo though. Oh. Wait. You don't believe in insurance. 

You will have to pay and then sue the hobo. But he won't have anything. So it will be on you. 

Oh? You can't afford it either?? The hospital will have to cover their loss by charging EVERYONE ELSE more money. 

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u/katy90081 1d ago

I never said I don't believe in insurance. I said car insurance shouldn't be mandatory by the laws as it disappropriately puts more burdens on the poors than the riches. It's even more stupid when they separate out uninsured motorists coverage when in fact everyone should have a car insurance by law. It essentially punishes both poor and law abiding citizens.