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Even households earning $150,000 a year are struggling with credit card and car payments (www.cbsnews.com)
submitted 1 year ago by to c/fuckcars@lemmy.world
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cross-posted from: https://lemmy.world/post/33704049

Wanted to add, "Fuck Cars!!"

Car payments for decades of one's life are not the way to go.

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[–] 2 points 1 year ago (2 children)

What does fairly clean histories mean, honestly? Over 400 a month is crazy high. Did you make claims on minor issues that should have just been handled outside of insurance, i.e. dont just factor in deductible cost but monthly increase on your premium after a claim is filed in the future? Were you getting multiple small traffic citations? One big one? Etc.

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  • [–] 2 points 1 year ago* (last edited 1 year ago) (1 child)

    I had one claim probably 7+ years ago after a chunk of metal fell off a truck and fucked up my car tire and bumper. I was not at fault. My partner has zero. We're both in our 30s and have been driving since we were young, but we had been car-less for a few years prior to buying this one.

    I've had to deal with a lot of profiling bullshit before but nothing that affects insurance. Nothing stuck either, just a lot of going to courts to clear my name.

    But other than that, idk. Parking tickets, maybe?

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  • [–] 2 points 1 year ago

    Sorry you had to deal with all that profiling bullshit in the past that just sounds so infuriating and down right disrespectful, hopefully where you are at now you dont have to deal with that as much if at all.

    As for the insurance rate, the only things I can think of is maybe being without a car for some period just increases the risk profile in their algorithm for deciding the rate. I'm not sure about the statistics for this, but maybe they also correlate having many parking tickets with people who have more accidents. I.e. there may be a study that shows people with more parking tickets tend to get into more accidents or something.

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