Quote:
Originally Posted by tophcfa
There is that, and much more. How about the likes of Dan Newlin and Morgan & Morgan, the large number of both very old drivers and tourists in rentals with screaming kids, dangerous cars on the road (no annual safety inspections), and partying vacationers such as spring breakers. It’s the perfect storm for insurers. We pay significantly less to insure 2 newer vehicles up north than our one late model Village’s garaged car, which we drive less miles per year than our golf carts.
|
Bingo! All very much a part of the soaring rates.
Another very large slice of that pie is the number of uninsured motorists infesting Florida roads. Florida ranks sixth in the nation at 20.4% per capita uninsured motorists, but that doesn't begin to tell the whole story. 20.4% in a state like, say, Idaho, where you can drive for an hour or more without meeting another vehicle, is negligible. 20.4 in Florida, where the geezers, 3rd country cowboys, and folks speeding because they're late for whatever, on roads that are often bumper-to-bumper in what seems like ever-shrinking spaces, is a whole 'nother story. A mishap with an uninsured motorist in, say, Boise, might mean a fender-bender. One in Miami, Jacksonville, etc. might easily result in a five-vehicle pile-up.
Those insurance guys aren't singling out The Sunshine State because they're after a quick killing (no pun intended). They're motivated by statistics and the bottom line. Florida's auto insurance rates are what they are because of the drivers inhabiting the roadways here, and the resultant expenses to the insurance companies incurred thereby.