Last post on Apr 11, 2013 at 4:31 PM
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Jul 19, 2012 (11:45 am)
A reporter is looking for Midwestern/Southern US residents between the ages of 17 and 30 who do not plan to purchase a vehicle and who frequently use public transportation. If you fit this description, and you are willing to share your story, please send your daytime contact information to predmunds.com no later than 10 a.m. Pacific on Friday, July 20, 2012.
#137 of 138 Re: Insuring Teen Drivers - save $$ at insweb.com [mikefm58]
Apr 11, 2013 (2:03 pm)
Oh Oh Oh..I can't wait to sign up...I've also got two teen age drivers. One has 3 tickets but no accidents and the other has 3 accidents but no tickets.
That doesn't surprise me at all LOL!
Tickets probably represent a self-thinking good driver, and accidents a terrible driver. The way police do traffic enforcement, tickets have nothing to do with safety.
#138 of 138 Re: My NJ experience [kirstie_h]
Apr 11, 2013 (4:31 pm)
There is nothing behind door #3.
To revive an old dead horse, door #3 in CA would be to purchase a $50K bond in CA to self insure. Not sure what other States require to self-insure. But if someone gets quoted more than $5K/year, this would makes sense. Money is free to borrow right now pretty much with rates so low, so you might as well take on the risk, and then reduce that risk to near zero by driving carefully and taking it seriously. In a few years time you'll have enough money saved up to cover a new car should you get into a wreck; which you won't if your taking driving seriously and driving carefully.
Exceptions: If your car is stolen, or your hit by an uninsured; your screwed.