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Old 09 May 2004, 05:00 pm
Sir Lointip
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Default Re: why are honda so pricey on insurance?

Sean D wrote:
>
> Well its a combination of things. First, insurance companies set their
> rates based on the accident rates of the vehicles. Since Hondas are
> frequently the best sellers in their class, it stands to reason that more of
> them will be involved in collisions. The insurance companies use this as an
> excuse to charge more by arguing that they are a higher risk vehicle due to
> the number of accidents. (Gotta love how stats can be twisted to say just
> about anything.) Another reason is that Hondas (mostly Civics and older
> Accords) are always on top of the list for stolen cars.


Also, Civics and Preludes in particular are very popular among the younger
crowd. Many of these younger kids like to "rice" them out with excessive
body add-ons and drive the hell out of them.

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