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A comment on SUVs parked on cargo ships reveal scope of U.S. auto market glut. Parent comment

Re:SUVs parked on cargo ships reveal scope of U.S. auto mark... by gambiting on Saturday May 02, 2020 @07:53AM (#23051210)
>>and save an extra hundred or two each month.

How expensive is your insurance?? I have a fully comp insurance with 20 million euro liability that's about ~$500 a year. If I dropped that down to a 3rd party liability only it would save me almost nothing.

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Re:SUVs parked on cargo ships reveal scope of U.S. auto mark... by pfranz on Saturday May 02, 2020 @02:20PM (#23053753)
I haven't needed to look in years, but I'm pretty confident it was around that back then. This site [1] says the average is $596 for collision and $192 for comprehensive. So for a brand new car for someone in their 20s I don't think it would be too far out of line for what I would have paid--but wouldn't represent everyone. Comparing to your number I'm surprised how similar the numbers are to Europe.

[1] https://www.insurance.com/auto-insurance/coverage/comprehens...

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