3 ms·
Most insurance risk and cost is for liability
by intrasight 2y ago
Most insurance risk and cost is for liability
- Retric 2y agoNot on average and per person it’s highly dependent on the policy, a persons driving history, and their car etc. Minimum-liability coverage averages $627/year, average policy runs 2008$ /year. In terms of individual drivers, an antique show car driven very limited miles per year the policy’s costs have little to do with the driver’s accident history. Meanwhile someone with multiple DUI’s is paying for the risks associated with their behavior.