Is Car Insurance In America Cheap?

1. 

   37376 POINTS

   view profile
   David G. Pipes, CLU®, RICP®

   Business Development Officer, T.D. McNeil Insurance Services, Fresno, California

   I insured a car in a European country that didn’t have a speed limit on its main thoroughfares.  That policy cost me a multiple of my USA based car insurance because the frequency and severity of accidents was greater.  I have insured a car in an Asian country where liability claims were settled for a very small amount and the car could be fixed on most street corners.  That insurance was inexpensive.  My suspicion is that auto insurance is less in most countries, but higher in a few.

   Answered on March 25, 2014

   flag this answer
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.