Sir Lointip <me@privacy.net> wrote:
> 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.

When I was recently getting insurance quotes for cars that I was thinking
about buying, the representative from my insurance company told me that
they charge more to insure Civics than Accords or TL's because the claim
rate is higher for Civics. The claim rate is higher because younger, less-
experienced drivers are more likely to buy Civics.

Why an older driver who buys a Civic should be penalized, I don't know.

Andrew