  Bob Member Username: Bob Post Number: 1109 Registered: 11-2003 Posted From: 68.60.105.164 |
http://money.cnn.com/2006/09/0 1/autos/costliest_car_ownershi p_cities/index.htm?cnn=yes | ||
Lowell Board Administrator Username: Lowell Post Number: 2927 Registered: 10-2003 Posted From: 66.167.211.42 |
Two things we are powerless over in Detroit - a rape-lining insurance industry and a road crushing trucking industry. While some may be smug over the red-lining of the City of Detroit not effecting them, one can be sure that a high benchmark there pulls up and justifies over charges in the rest of the region and state. I wonder how Steve Wilson is coming on his redlining report... | ||
Detrola Member Username: Detrola Post Number: 29 Registered: 02-2006 Posted From: 69.14.28.209 |
This issue has a direct impact on each one of us. What say you John CONyers? Too busy jousting at the windmill of impeachment. We have only ourselves to blame. We expect less, so we get less. Perhaps we do not travel enough to other properly functioning cities. We have no bases for a realistic perspective. We cheer each new business. We watch as condos spring up. Yet the exodus continues unabated. Until we force our politicians to face these issues the city will continue to die. The detroit city government/school board can not cut deep enough or fast enough to keep ahead of the declining tax base. The cost of owning a car is just one of many reasons for the ongoing flight. So I ask again, what so you John CONyers? | ||
Itsjeff Member Username: Itsjeff Post Number: 6764 Registered: 10-2003 Posted From: 69.136.149.133 |
What is it you're asking John CONyers to do? Propose legislation regulating insurance rates? Cuz that worked so well for cable rates. | ||
Stecks77 Member Username: Stecks77 Post Number: 25 Registered: 08-2006 Posted From: 129.9.163.106 |
I pay $2600 a year for car insurance in Detroit. It would be $3100 if I didn't pay in lump sums every 6 months! Call me crazy or stupid for living in the city but even if I would have tried to get it under my brothers address in Dearborn it would have only been $200 less. And I don't have anything on my record for the last 6 years! F*%@! | ||
56packman Member Username: 56packman Post Number: 565 Registered: 12-2005 Posted From: 129.9.163.106 |
1994 Taurus-$800 bogus paper "temp" licence plates from "big Tone" - 10/$50 insurance: see above-$0 ---------------------------- does NOT equal $12,210 the CNN numbers are beat every day in the D | ||
Jt1 Member Username: Jt1 Post Number: 7820 Registered: 10-2003 Posted From: 198.208.159.19 |
ONe big factor beyond the redlining in Detroit is the no fault requirement in the State. I believe we are the only State to have no fault and insure for a ridiculous amount for catasphric accidents and insurance bills. While Detroiters are getting fucked the worst everyone in the State is getting fucked by the current no fault requirement and insurance above and beyond what every or almost every state sets as the minimum. | ||
Itsjeff Member Username: Itsjeff Post Number: 6765 Registered: 10-2003 Posted From: 208.27.111.125 |
I know this won't apply to most of you, but when I turned 40 I got a great rate from Progressive. $600 for six months with a '04 SUV (and good record/zero points.) If anyone is shopping rates, I had very good results with Progressive. | ||
Stecks77 Member Username: Stecks77 Post Number: 26 Registered: 08-2006 Posted From: 129.9.163.106 |
My rate $2600 rate is through Progressive for a 2005 Jeep Liberty, which by the way I had to lease because my 2001 minivan was stolen in Rosedale Park last year. Fun, fun, fun. So if your over 40 Progressive might be the answer but they are no better then anyone else. JTL: No fault insurance is definetly a major factor in our high rates. | ||
Bob Member Username: Bob Post Number: 1116 Registered: 11-2003 Posted From: 68.42.98.224 |
Another thing that adds to the cost of insurance in MI is having to pay into the Catastrophic Claims fund. | ||
Itsjeff Member Username: Itsjeff Post Number: 6766 Registered: 10-2003 Posted From: 208.27.111.125 |
But having the Catastrophic Claims Fund was supposed to lower rates, since the State would assume responsibility for major disability claims. | ||
Bob Member Username: Bob Post Number: 1118 Registered: 11-2003 Posted From: 68.42.98.224 |
Yeah, that's what it was supposed to do, but it does not really seem to be working. | ||
Itsjeff Member Username: Itsjeff Post Number: 6767 Registered: 10-2003 Posted From: 208.27.111.125 |
Well, the obvious solution is to get John Conyers on it. Congress will know what to do. | ||
Bob Member Username: Bob Post Number: 1119 Registered: 11-2003 Posted From: 68.42.98.224 |
I think we should get Dick DeVos on it. He can add it to his MI Turnaround Plan, although for all we know, it, may already be on there. The whole plan is a secret that we'll find out about after he is elected. | ||
Alexei289 Member Username: Alexei289 Post Number: 1218 Registered: 11-2004 Posted From: 68.61.183.223 |
im 20... and i could have gotten a free 3 year lease on a new f150 for my trade in. yet i quoted out my insurance and it came back for 7200$ for the year. I have no points... or tickets.. crock of shit, the only reason is because im 20 and im male... fukin bullshit neither of them i can do anything about and had no responsibility in being. what the fuk is the justification for having to pay 500$ a month, and in the 3 years, having paid 2/3rds of what the car is worth JUST to legally drive it. its fukin bullshit | ||
Stecks77 Member Username: Stecks77 Post Number: 28 Registered: 08-2006 Posted From: 129.9.163.233 |
I use to hear all the time that once you hit 25 your insurance rate would go down. Not the case anymore. Upon turning 25 I inquired to my insurance company regarding this supposed discount and the lady told me that insn't the case anymore because too many people under 30 were getting expensive SUV's and crashing them. I was pissed. | ||
Ltorivia485 Member Username: Ltorivia485 Post Number: 2777 Registered: 08-2004 Posted From: 68.73.196.174 |
Isn't auto insurance a state issue? I'm not sure if it's a federal issue.... | ||
Sf_mike Member Username: Sf_mike Post Number: 7 Registered: 02-2006 Posted From: 205.132.174.254 |
I never understood what expensive car insurance was until I moved into a city. That turning 25 crap didn't help me at all.... -2002 Ford Focus. -male, age 26. -no accidents, 1 point existing from 2 years ago. -AAA insurance. Troy, MI 2005 $1200/yr San Francisco, CA 2006 $2400/yr The car is probably worth 4K tops. Clearly I expected my insurance to be more here but not this bad. When I asked why it was so much higher I was told that 1/3 of the drivers in California do not have car insurance which in turn forces our rates up higher. Mike | ||
Adm70 Member Username: Adm70 Post Number: 7 Registered: 11-2005 Posted From: 207.181.6.226 |
My insurance for a 2003 Mercedes E320 and a 2006 Mercedes C230, living in downtown LA, is a grand total of $1600/year (Male, single, 36, no points or accidents). | ||
Deputy_mayor_2026 Member Username: Deputy_mayor_2026 Post Number: 117 Registered: 04-2006 Posted From: 141.213.171.107 |
I just sold my old minivan to a Detroiter for $700. I wonder how much the insurance will be for that piece? | ||
Deputy_mayor_2026 Member Username: Deputy_mayor_2026 Post Number: 118 Registered: 04-2006 Posted From: 141.213.171.107 |
I just sold my old minivan to a Detroiter for $700. I wonder how much the insurance will be for that piece? | ||
Jerome81 Member Username: Jerome81 Post Number: 1093 Registered: 11-2003 Posted From: 64.142.86.133 |
SF Mike- I think you can do better than that. Shop around. I use Ameriprise through Costco. The coverage is extensive and ~$900/year. Though I do live in Palo Alto and have a 1997 Miata. However, before I turned 25 I lived in SF near Lombard and Stockton, street parking with the same Miata. Slighly less coverage than I have now, but about $1400/year. No nothin ever on my record. Oh, also, if you have home or renters insurance, check to see if you get a discount. A friend living in SF bought a new Honda Accord (prime theft target out here) and his renters + car insurance actually went DOWN from only his car insurance when he added the renters to it. Might be able to get more insurance for less overall money. But I agree with Alexi. It shouldn't be that if one wants a new car and can afford it, that insurance should be so expensive that you will have paid that amount over again in premiums in just a matter of years. I love my cars. I'm a car guy. If I make more money in the future, I'd like to get a nicer one. It feels wrong that I am almost forced to drive junk just so I can afford to insure it. Oh well. Coming back to Detroit might not be happening anytime soon anyways. |
