Insurance by the Pound?

Publication
Article
Physician's Money DigestJanuary31 2004
Volume 11
Issue 2

The flipside:

When involved in an accident, largervehicles usually cause more damage toother vehicles and the passengers inthem than standard-sized cars do. A fewauto insurance carriers are beginning torecognize this fact of highway life andhave started to boost liability premiumson SUVs and pickup trucks to reflect thehigher risk. If you don'tdrive an SUV or pickup and your autoinsurance carrier doesn't charge ownersof bigger vehicles higher premiums, youmay be overpaying for your liabilitycoverage. Among the insurers that recognizethat smaller vehicles pose less liabilityrisk are Geico (www.geico.com),Allstate (www.allstate.com), and Progressive(www.progressive.com).

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