"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
> >
> >
>
>
Interesting comment. I am 63 with a clean driving record and no accidents
(yet). My 01 Prelude insurance is over $1600 per year, more than twice that
for my wife's Pilot. The problem is that I have a 24 year old on my policy
with a shaky record, even though he does not drive the Prelude -- has a
$3,000 10 year old 4 door sedan. BTW liabilty on his car (which is all we
carry) is almost $800.00 per year. The insurance company figures that if he
borrows the Prelude he will undoubtedly try to race someone -- and they are
absolutely correct.