My car insurance goes up as my car loses value. Years ago you could choose to only insure it up to a certain amount. My kids drove an older car and i designated $10k in insurance for it. That cut the insurance price to about 60%. Texas no longer allows that.
this post was submitted on 03 May 2025
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Isn't most of the insurance for liability? I can see a logic where older cars are less safe, and thus accidents are more likely and would cost more, hence the higher costs. But I'm just guessing.
Collision insurance, the kind that pays for damage to the policy holder's car in the event of a crash caused by the policy holder or an authorized driver of their car often more than doubles the overall cost of insurance. Collision insurance is usually optional when there's not a loan.
Your car may lose value, but the cost to repair goes up. Hence the insurance increases. Also the likelihood of a total loss goes up as well.
The insurance will never pay more than the value of the car, so if the repair cost goes too high they'll just declare it a total loss and pay the "fair market value" of the car. And yes, a total loss is more likely, but that doesn't mean the insurance pays more, on the contrary, they use that to pay less.
Huh that’s weird. My parents bought new cars and their car insurance basically doubled. Equal-tier vehicles to their older ones, but new.
If the car that totals at $50k costs you $100/mo, that doesn't drop to $90/mo when the car's value drops to $45k. It stays the same or goes up.
That is not universal at all. There are so many factors at play. I’m sure it happens but again, not universal.
Having the door held open for you while walking towards it but changing directions in the last moment.
Yes, there's a lot of unspoken rules that are out there, but never actually enforced. Facing the other way in an elevator was one example I remember from my social sciences classes.
If I saw someone facing the rear wall/corner of an elevator but not acting unusual in any other way I think I'd feel like I was getting pranked somehow, lmao. I could go in and use the elevator and nothing could happen but one or more people facing the "wrong" way and I'd feel like I was the butt of a joke in some unfathomable way
I think it's the unnecessary number of turns you'd need to make to actually use the elevator but still face the rear well while using it that makes it feel weird to me, but idk
I mean, it's the same, you just turn around at the end of the ride as you're leaving rather than the beginning. But, it's simply not how it's done.
Voting/speaking against fascism
Yet.....It's not illegal yet.
I like that growth mindset!
Fun fact: There's technically a right to free speech in the constitution of the People's Republic of China. But we all know how that goes.
Just like with any rule in any society; without enforcement, they are nothing but merely the words of people. ahem USA ahem
Most investment instruments, apparently, going by the reactions I get when I explain shorting IRL. It's like people think there's only a few approved transactions and doing anything creative (or actually standard but clever) must be a crime. Feudalism's over, guys.
Interest based loans. It’s completely legal to use debt to kick the poor deeper into the gutter so that they can never stand up again.
That actually is illegal.
What surprisingly is legal: dating a 14yo.
Weird country.
Political parties sending you a reply-paid envelope that says it'll enrol you to vote postal ballot, with a return address that sends your information to that party, so long as they eventually do forward your info on to the Electoral Commission to register you for a postal vote.
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Taking a penny instead of leaving a penny.