Why does car insurance have to be so difficult?

[matchrestore]

Our insurance company is no longer going to insure auto in our state, so we have to find a new provider. The prices seem to have no rhyme or reason to them, they make you put in the VIN of your car and then still give you a generic number based on a "2015 Honda Accord driven 10,000 miles per year" so its not even accurate anyways. Finally called an independent agent who did some shopping around for me, but it's hard to compare his numbers to online quotes since the online quotes might not even be accurate. Seems like a racket to me...

A 2015 Honda Accord, which not the car my wife or I drive...

[AmandaYVR]

Ugh. So true. I have always hated doing it.

At least in America it's an independent, competitive system. Now in Canada, it's much worse. It's run by the state, so we have zero choice. We have to get it just through the one supplier. It was millions in arrears. One of the main reasons they gave is that people were suing them nonstop for damages and pain and suffering, if they got into an accident. It bled the system. But let's be real, they also completely mismanaged the funds. It's technically citizen-owned, but that's total b. s. we rarely get benefits of that. Although I did get some rebate cheques when profits finally happened. Insurance is a messy, ugly business. I hate it. I used to work in it, too, being a technical assistant doing the dull paperwork of insuring drilling wells in the oil and gas business boooo worst job ever. Did you hear Allstate and State Farm stopped selling insurance to new California homeowners? This is what insurers do. Too many payouts - ah, f this, let's just not do it anymore. Uh... that's why we got your insurance, so that you would pay out if something happens. Which usually it doesn't.

Car insurers also need your address. And then which coverages you want. That's pretty much all the metrics they use.

What was the reason for them pulling out of your state? Car accidents or thefts?

[matchrestore]

They didn't give a reason. It's a fairly low risk area as far as I know, other than hail. I guess they're pulling out of multiple states according to the independent agent I talked to.

[AmandaYVR]

Ahh. I heard about the golf ball-sized hail.

[musicbrain5]

I think it’s only some provinces that force you to buy their shitty crown corporation insurance. I think even driver’s licenses and plates are issued by them as well - I’m pretty sure that’s how it is in Quebec. It’s all tied in together. I’m in Ontario and it’s not like that here.

[AmandaYVR]

@musicbrain5 Where I'm at, there are a lot of problems.

[Apple1996]

Car insurance companies are annoying. I've heard that some won't be be accepting people that have kias cause of all the Kia Boyz thefts. Which is super unfortunate since I own two kias. Hoping my insurance doesn't drop me 😵

[matchrestore]

I hear there's a fix for that ignition problem now at least.

[Apple1996]

Heard that fix didn't work haha
Not to worried about it tho wiling to let someone steal my shitty kia 😂

[NamerOfStars]

Don't forget the "you need to tell us if anyone over the age of fourteen is living with you, even if they're not on the policy". No. No, I don't; that's none of your damn business. And of course, we need to know your credit rating, since if you're smart enough to not spend money you don't have, the extortionists tracking you will say bad things, and THAT will cause your rates to go up.

It's so difficult because they choose not to be sensible about it, and they have no fear of repercussion. Crucify a few of the bastards, and their attitudes will change. Inexplicably, though, that's illegal.

[CuriousMufuxka]

I really don't know what you mean. For instance when I financed my 2017 Chevy Impala, the dealership set me up with some overpriced close to 300 a month bullshit. I cancelled that the next day and went as cheap to satisfy their mandatory full coverage. Now that I own the car it's 19 bucks a month! If you're a good driver, shop around and find the best deal with the lowest coverage.

[metacidal]

heh they are designed that way... corporations put zillions into research covering everything from the ethical decision making skills of their clientele to their preferred way to hang their toilet paper (over the roll vs under). they want you flummoxed, frustrated and stressed so in your stressed, adrenalized state you miss details, make mistakes, and rush to the finish... we're all prey

[mommymommymommy]

Insurance companies know it's more expensive to not bundle. That's how they get you, so, they have that right

We live in a capitalistic society. That's what ya get

[matchrestore]

Yeah, when we bought our house it was considered high risk so Foremost was the only insurer that would touch it until we got a few key renovations done. Not bundling auto with a home policy definitely cost a ton more than once we got our home policy switched to a traditional policy.

[Sparkie460]

All insurance is a racket. It doesn't matter if it's car insurance, health insurance or homeowners insurance.

[DextroShade]

Insurance in general is a racket.