Re: why are honda so pricey on insurance?
"Sean D" <nospam@nospam.ca> wrote in message news:<0Jxnc.37521$Np3.1450919@ursa-nb00s0.nbnet.nb.ca>...
> 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.
>
> "froglewis" <froglewis@btinternet.com> wrote in message
> news:c7lsoe$39m$1@titan.btinternet.com...
> > insurance groups are so high compared to others in their class - why?
> >
> > cheers
Believe it or not, they're on the top of the list by sheer numbers,
because there's LOTS of them out there. By percentages only, Honda
and Toyota are down in the 80th - 100th place. Geo Metro is 1st or
2nd. I'm not kidding by the way.
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