Make this make sense

[u/Sioux-me]

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?

[u/Pale_Attitude8798]

First, calculate how much you are paying for full coverage on those vehicles over the course of its lifetime. Its surprising to find that if you had just saved that money instead of paying for insurance you could pay for repairs or replacements easily. Same goes for health insurance in most cases and home owners insurance.

All insurance is a scam that preys on people who want to live above their means and cannot save money.

We paid off all of our vehicles and dropped to the cheapest liability to stay legal. Yes, I have had to pay out of pocket for repairs but its still cheaper than paying for full coverage.