More high-income Americans are falling behind on their loan payments as the market for white-collar jobs cools.
  • 𝕱𝖎𝖗𝖊𝖜𝖎𝖙𝖈𝖍@lemmy.worldEnglish
    91·
    6 days ago

    Insurance is way more than $100-200 a month. For my partner and I (both women with fairly clean histories since we don’t drive much) to insure a 2020 Fit, it was about $2500 for 6 months. That was the cheapest we could find for basic coverage.

    We ended up fleeing to Canada and importing the car. Insurance costs went down to almost 1/3 of that, a little under $2k for the year

    I own and fully paid off the car fwiw

    Edit: exact amount was $2493.00, after discounts

    • AlfredoJohn@sh.itjust.worksEnglish
      2·
      6 days ago

      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.

      • 𝕱𝖎𝖗𝖊𝖜𝖎𝖙𝖈𝖍@lemmy.worldEnglish
        2·
        6 days ago

        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?