Insurance by the Pound?

Michael Sheehan

Physician's Money Digest, January15 2004, Volume 11, Issue 1

The flipside:

When involved in an accident, largervehicles usually cause more damageto other vehicles and the passengers inthem than standard-sized cars do. Afew auto insurance carriers are beginningto recognize this fact of highwaylife and have started to boost liabilitypremiums on SUVs and pickup trucksto reflect the higher risk. Ifyou don't drive an SUV or pickup andyour auto insurance carrier doesn'tcharge owners of bigger vehicles higherpremiums, you may be overpaying foryour liability coverage. Among the autoinsurers that recognize that smallervehicles pose less liability risk are Geico(www.geico.com), Allstate (www.allstate.com), and Progressive (www.progressive.com).