As I travel around the United States, I often find the same thing, why is car insurance so expensive in Washington DC? People there are paying exorbitant amounts for insurance, with the result that they're not driving as much. This is because they're not getting the quality of service they should.
I've spent a lot of time in Washington DC, and I am often amazed at the amount of traffic that I see on the roads. I'm usually wondering why everyone is so safe in this part of the United States.
So why is car insurance so expensive in Washington DC? What do the politicians and the bureaucrats do?
My observation is that the people who work at the main office, which handles all the different insurance policies are not very busy, there isn't enough time to make the payments on the policies properly. Because of this, the policies get overpriced. The premiums are so high that they don't cover the insurance claims.
Some people are trying to help out by taking out cheaper car insurance. However, what the government doesn't seem to be doing is making more money from those who are buying cheaper car insurance.
To find out why is car insurance so expensive in Washington DC, we need to figure out how much coverage a policy should have. There should be enough coverage to cover the injuries of an accident, and to repair the damages if you're involved in an accident.
However, because most drivers do not go anywhere without the proper insurance, it costs so much to insure the cars. For example, one Washington DC car insurance policy has coverage of $100 per day for your car, regardless of whether you're using it or not.
The thing is, that every time you use your car, whether you drive to work or not, you are still being charged car insurance, so why is car insurance so expensive in Washington DC? That's what I'm asking.
If the politicians wanted to make more money, they could charge a small monthly fee for car insurance. Of course, it would still cost too much, but maybe the money saved could go towards more useful things.
To get the answer why is car insurance so expensive in Washington DC, I started asking around, and I discovered that even though people are complaining about the prices, the politicians keep them because it keeps the residents happy, and Washington DC doesn't feel safe enough to take chances on new ideas. The politicians just keep buying their loyalty.
Unfortunately, the politicians in Washington DC also get into politics, and since money is important, they get involved in all kinds of corruption, and everyone thinks that they are doing the right thing. Unfortunately, many of the residents in Washington DC to end up getting the wrong services.
Why is car insurance so expensive in Washington DC? You can stop paying too much now.