Newcomer help with Michigan Auto insurance

[Marlon_JB2]

I have two vehicles, one is a 2010 and the other is a 2013. Trust me, I'm paying way too much but oh well, it is what it is.

And trust me, insurance doesn't go down very much as the vehicle gets older. My cousin had a 2000 Grand Prix and was still paying over $200/mo.

Granted we are young, but still... even my mother pays $150/mo...

[hathorlive]

Granted we are young, but still... even my mother pays $150/mo...

I have to wonder how the insurance companies got this pushed through. I mean, someone has to be making a fortune off everyone's back. I think it's funny that you pay a fortune so just in case you have a life altering accident, you are covered. Most of us won't have accidents ever. And of those who do, most aren't life altering. So you over pay for years and get no benefit.

Then again, I've seen the way people in Michigan drive, so maybe accidents are that serious on a regular basis.

[EastsideAl]

I have to wonder how the insurance companies got this pushed through.

The funny thing is that the insurers mostly objected when no-fault was first brought in back in the early '70s. Obviously, they have since found a way to make it work to their considerable benefit.

[sumas]

The funny thing is that the insurers mostly objected when no-fault was first brought in back in the early '70s. Obviously, they have since found a way to make it work to their considerable benefit.

You got that right!