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OT: So where does all that money you pay for your insurance rates go...

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Old May 12, 2002 | 05:07 PM
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onyx00's Avatar
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Default OT: So where does all that money you pay for your insurance rates go...

I was talking to a friend and he was saying one of our buddies just got a job with a big insurance company. I guess his job is to basically determine the rates that people will pay. It involves a lot of statistical analysis and what not, but the pay is amazing, 100+ K a year. So when you wondering why you are paying amazingly high rates, that's probably why.
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Old May 12, 2002 | 05:08 PM
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Default Re: OT: So where does all that money you pay for your insurance rates go... (onyx00)

That is only the tip of an incredibly big and fat iceberg...
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Old May 12, 2002 | 05:20 PM
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uNF$@#!'s Avatar
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Default Re: OT: So where does all that money you pay for your insurance rates go... (Flux)

so big and fat its really not an iceberg anymore...more like a ice continent
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Old May 12, 2002 | 05:26 PM
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Default Re: OT: So where does all that money you pay for your insurance rates go... (00-0187)

So is he an actuary or what?

Personally, the rates on my Integra are somewhat high because

a) retards steal them, and
b) retards buy them and wrap them around telephone poles

Now, not all R owners fall into the above categories, but for insurance purposes, we do. Sucks all around.

True fact: In NC with State Farm insurance, an Integra Type R is classified as a symbol 23. A '97 Mercedes SL500 is a 25. If that doesn't put it into perspective, I don't know what does


Pat, whose future car costs $40k new, yet is rated far below #9 for insurance...
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Old May 12, 2002 | 06:22 PM
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From: Slow and Slightly Disgruntled, Usa
Default Re: OT: So where does all that money you pay for your insurance rates go... (itr009)

Some companies I talked too wanted $500 a month for me
Given I'm 19 and have one ticket!!!
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