Quote:
Originally Posted by spacedebris
Its amazing how much insurance companies discriminate against people for where they live. Just because I live in S. CA they want to gouge me. I've never had an accident, never had an insurance claim, and my last ticket was more than 20 years ago. So they charge me triple for half the coverage?!?!  |
I have many gripes with the insurance industry, but a rate based upon location is not one of them. Obviously, if you live in a densely populated area with a high crime rate, you are going to pay more than if you live out in the middle of nowhere. Your particular formula (similar to mine) is simply based on a ratio of BPM (Bozos per million).