On Mon, 07 Mar 2005 00:36:25 GMT, "Dave C." > wrote:

>
>"oboe110" > wrote in message
roups.com...
>> Recently, I moved from Los Angeles to Seattle. One thing
>> I expected was a big cut in my auto insurance. So I called my
>> insurance company (AAA). Here is the quote (for 1 year) I got:
>>
>> Bodily Injury Liability (BI) $100K/$300K $383
>> Property Damage Liability (PD) $50K $279
>>
>> Here is what I paid while in Los Angeles:
>>
>> Bodily Injury Liability (BI) $100K/$300K $554
>> Property Damage Liability (PD) $50K $266
>>
>> Notice the insurance for property damage liability in Seattle
>> is even higher than that in L.A.
>>
>> Absolute dollar aside, does the ratio of BI over PD make sense?
>>
>
>Yup. How many people drive $50K vehicles that are still valued at $50K?
>You'd have to total several vehicles in an at-fault incident to have your
>insurance company liable for $50K property damage. But injure one person,
>and the money spent on hospital bills could easily pay for a whole fleet of
>new vehicles. It makes sense to me, as far as the ratio goes. If anything,
>the BI coverage is too low.
>
>On a side note, I still believe auto insurance is a huge SCAM. True story .
>. . several years ago, I moved from town A to town B in the same state. My
>insurance company told me that my premiums were going up as town B was a
>higher risk area. THE NEXT YEAR, I moved from town B BACK to town A. Guess
>what my insurance company told me? You betcha . . . my premiums went up
>again as town A was a higher risk area than town B. (?!?!?!?!?) -Dave
>

My experience has been that after you find the best rates and switch,
that within 5 years you are again paying the highest rates and if you
shop around you can save a bundle. So you switch and it repeats in 5
years. It's like they give you a low rate to get you to switch and
then proceed to jack it up every year hoping you'll never shop around
again.