To the Editor:
America is a country that welcomes insurance. But I think there is abuse. I do not understand why an automobile policy for used cars like mine, with a driver without accidents or DUIs, costs the same as the one for a new house, which is a much more expensive asset. Three to four years of policy premiums will match the whole cost of my car, that I drive less than 4,000 miles a year, mostly within the city limits. No wonder why so many people are driving uninsured.
Alfredo Jacome-Roca
Ocala
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.