Quote:
Originally Posted by dcvandiver
Man... I now HATE dealing with insurance even more that I ever have! My wife and I just got a new Honda Civic Hybrid (43MPG  ). So we go Friday to get the insurance switched over from the old clunker we were driving to ... |
Ah, Do'ah! An "old clunker's insurance is ALWAYS going to be less than a brand spanking new car. I don't care if it's a hybrid or a Volkswagon. The FACT is that insurance rates are PRIMARILY based on a car's VALUE, not whether it is a hybrid or not. Your 1972 Pinto was worth $0.50 and therefore your insurance was dirt cheap. Your new Honda is worth $20,000+ and therefore your insurance rate reflects this HUGE dichotomy. It doesn't have ANYTHING to do with the fact it "happens" to be a Hybrid.
My insurance agency gives us about a 10% discount on our 2006 HiHy.