Thread: carmax wants it
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kaisen kaisen is offline
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Join Date: Jan 2005
Location: Minneapolis
Posts: 7,482
Quote:
Originally posted by Noah930
kaisen,

Where did you find that info? Just curious, as I recently changed the registration (and insurance) for my cars from Oregon to Massachusetts. In OR, the 20 yr-old 930 cost about as much to insure as my daily driver 12 yr-old Nissan. However, here in MA, I'm paying more than double that amount for the Porsche (while the Nissan costs about the same). We're always told that premiums reflect claims data. So I find it odd that there's such a shocking difference from one state to another.
Noah-

http://www.nhtsa.dot.gov/staticfiles/DOT/NHTSA/Vehicle%20Safety/Articles/Associated%20Files/2007CostofInsurance.pdf

The *cost* associated with a claim (what you drive) is not the same as the *likelyhood* of a claim (where you live and drive). Own a Lamborghini in Compton and you're gonna pay.
Old 06-06-2007, 04:45 PM
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