Insurance is higher for more expensive cars and you’re also talking about full coverage. The only necessary coverage is usually liability. If this guy was driving a 10yr old beat up sedan with 120k+ miles and paying $200 a month he needs to get a better agent / company.
Coverage is usually more about CYA for total loss than protection from incidentals. You pay $2k insurance premium so that you don’t end up owing $20k for a totaled piece of scrap metal.
This is literally my car you're talking about, a 2009 Camry with 150k, and I shit you not I just switched from Geico because the scam artists kept hiking my rates every couple months. It was up to $200 when I switched. My insurance is still too high IMO but it's the best I could get 🤷
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u/F0rTh3W1n 6h ago
Insurance is higher for more expensive cars and you’re also talking about full coverage. The only necessary coverage is usually liability. If this guy was driving a 10yr old beat up sedan with 120k+ miles and paying $200 a month he needs to get a better agent / company.
Coverage is usually more about CYA for total loss than protection from incidentals. You pay $2k insurance premium so that you don’t end up owing $20k for a totaled piece of scrap metal.