Official Insurance Premium Discussion Thread

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Originally Posted by Crash

Technically my fault. But I'd fixed it a LONG time ago and somehow it wasn't corrected in the system. A few years back I bombed a business I was running and didn't have any money, so I didn't pay my registration before a CHP gave me a ticket for expired reg. But that was all taken care of... except for in the system. Sadly, these little "computer-mishaps" are a common problem here. Even if I show my insurance company the problem was fixed, they won't do anything about it.

The law enforcement and judicial system works very closely with the vehicle insurance industry. Insurance companies DONATE new laser/radar guns to the law enforcement departments so that the cops can give tickets and the insurance companies can jack up the insurance rates. The "speed-trap" was an insurance industry brain-child. Those are illegal to enforce now, thank god. There's 100's of things the insurance industry does to help increase the insurance premiums. So any chance they get to increase it, they will.

Also, you all should know that if you've driven without any tickets or accidents for 4 years, you can call your insurance company and have them lower your rates. They won't do this for you on their own (nor spend time researching it) for obvious reasons, but you can remind them to do it!

Insurance is the biggest scam ever. I've paid more than $40K into insurance over all the years of me driving, and MAYBE caused about $8K in damage total. Not to mention all the money they made by investing that $40K. The day I have $30K to put away, I'm taking liability off my insurance list and just paying for theft and comprehensive. They day I have $100K to put away, I'm not going to pay for insurance at all. Total BS.

I moved to Texas when I was 9. There was a State Farm agent my father went to, and I did when I got my license. I'm 50 now and it's still there. EVERY business in that area has changed hands or closed 1/2 a dozen times except that State Farm agent. My fathar-in-Law/wife has the same story with a different agent. These guys may whine over losses but I have never seen any business with the exception of hospitals and government offices that have such staying power. That equals huge long term profits.