george__
Aug 2nd, 2012, 01:14 AM
Just curious...
Just liability on a 1998 Camry XLE V6 is more than the full coverage of a 2011 Hyundai Santa Fe V6. Driver history wise both of the primary drivers on each car had a accident in the past 2 years, so I don't get it.
RCGA
Aug 2nd, 2012, 07:45 AM
Different insurance companies?
XtremeModder
Aug 2nd, 2012, 08:16 AM
Just curious...
Just liability on a 1998 Camry XLE V6 is more than the full coverage of a 2011 Hyundai Santa Fe V6. Driver history wise both of the primary drivers on each car had a accident in the past 2 years, so I don't get it.
It comes down to various factors.
When I had a 2008 BMW 128i, the insurance was $185/month
I now have a 2010 civic coupe and pay $270/month until I renew in 3 months (pro rated crap)
Reason? # of accidents, safety rating, # of them stolen, how many are in the area and how many people get accident benefits in either vehicles, your postal code also makes a difference. Give it 5 years and that Santa fe's premium(s) will most likely be higher compared to now.
It sounds like it doesn't make sense, especially since after taxes the BMW was $42,000 and my civic was $17,000