Re: car insurance?
Don't fret. Everywhere else in the world is the same. Well at least over here in fascist Canada.
I paid my insurance, which would have covered someone 45+ on 4 cars for a year, on one car alone for a year. Talk about a bad investment. Didn't have an accident or any claims with it, and will never see my money back as a reward. To be honest, Insurance companies should do as you said, and when you close a policy you get your money back.
I think the reason they have it set the way they do is so then they can afford to net profits and pay out for the insureds mistakes.
Oh btw, never ever get caught driving without insurance. Apparently it gives the companies good reason to charge $16k a year for a vehicle bought for less than $500. |