In article >,
Brent P > wrote:
>In article .com>, wrote:
>> 1.Why do I have to pay seperate liability for each car, when all i can
>> do is wreck one at a time? Anyone have one good reason other than
>> insurance companies making more money?
>
>I've always thought this to be ass-backwards as well. We really should
>insure drivers for liability, not vehicles.
>
>> 2. And why doesn't my insurance go down even though the value of my car
>> goes down?
>
>Because that's a small percentage of the cost.

Yet if you replace an older car with a new car of a similar (or even
the same) model, collision shoots right up. It's because insurance
prices are on a ratchet.
--
There's no such thing as a free lunch, but certain accounting practices can
result in a fully-depreciated one.