Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 beta 3/9/83; site nmtvax.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxj!ihnp4!zehntel!hplabs!hao!seismo!cmcl2!lanl-a!unm-cvax!nmtvax!perry From: perry@nmtvax.UUCP Newsgroups: net.auto Subject: High Insurance Cost Message-ID: <513@nmtvax.UUCP> Date: Fri, 21-Sep-84 12:32:45 EDT Article-I.D.: nmtvax.513 Posted: Fri Sep 21 12:32:45 1984 Date-Received: Fri, 28-Sep-84 06:00:34 EDT Sender: perry@nmtvax.UUCP Organization: New Mexico Tech, Socorro, N.M. Lines: 26 Just examining things, I was wondering if a large number of peo- ple where paying auto insurance that was close to what they paid for their car. This came to mind because of what I have to pay for insurance. My Story: A couple of months ago I bought a 1976 TR7. The only stain in an otherwise perfect driving record is an accident two and a half years ago (I fell asleep behind the wheel), just after I got my license. I am a nineteen-year-old, unmarried, college student (with good grades). I got the minimum insurance required by the state of New Mexico. The car cost $1000 (it needs a paint job and interior). The insurance, minus finance charges, cost $700/year. I personally believe that this ratio is a little high. What do you think? Let's see what kind of discussion we can get going. Allan F. Perry ...lanl-a!nmtvax!perry ...lanl-a!nmtvax!robin