Auto insurance costs more than all other auto expenses combined.
My car is worth <$1000.
I've been driving for 12 years with no accidents or claims.
I've wasted $10,000 on insurance over the last 10 years.
That is more than the initial cost of my car + all maintenance + all gasoline (~$9,000). Insurance is by far the largest single expense.
What am I paying for? $780 for 1 million third party liability, $120 for accident benefits (apparently mandatory in Alberta), and spare change for some undecipherable crap.
Am I getting scammed? Is there cheaper alternative? Is it the damn-them-to-hell government crooks to blame for these outrageous costs?
At this point I basically want to know who to yell at and what kind of alternatives I can possibly leverage.