Wednesday, 12 August 2015 07:00 AM
4AutoInsuranceQuote.com Has Just Posted a New Article that Examines Why Drivers in Detroit Typically Pay So Much More than Residents in Other Cities
NEW YORK, NY / ACCESSWIRE / August 12, 2015 / 4AutoInsuranceQuote.com, a reputable and top-notch auto insurance quote provider that is based in New York City, has just posted a new article to its website that examines why drivers in Detroit, Michigan pay extremely high car insurance premiums.
The article, http://www.4autoinsurancequote.com/blog/expensive-detroit-insurance/, which is titled "Why Is Auto Insurance So Expensive In Detroit," noted that the city is coming out of a bankruptcy stage, which has led to rates that are as high as three times the amount as other areas. In fact, in some cases, drivers are paying more for their car insurance than for their monthly car payment.
As the article noted, media interviews and surveys have estimated that the citizens of Detroit are paying an average of $200 to $500 a month for their premiums.
One reason auto insurance rates are so expensive in Detroit, the newly-posted article said, is because of the crime rate. Car thefts, car vandalism and other issues are high right now, as are fraud and other crimes.
As the article noted, the city wants to study these problems in detail before they decide what the cause actually is and how to lessen the problem - or more specifically - whether this proposal could alleviate the problem and take pressure off of citizens whose finances are already stretched thin.
While Mike Duggan, Mayor of Detroit, has suggested that the city can create its own insurance company - which would offer fair auto insurance rates - the article points out that there are some vocal opponents to this suggestion.
"One of those is Senator Virgil Smith, who has gotten behind several bills to reduce urban rates that ultimately proved unsuccessful," the article said, adding that Smith has said city sponsored car insurance is a bad idea because it is putting the city on the hook for some potentially large personal injury medical bills.
"These liability claims could put the city even deeper in debt - a city which is already on the verge of bankruptcy."
Anybody who would like to read the new article in its entirety may visit 4AutoInsuranceQuote.com; there, they may also get a no-obligation car insurance quote.
About 4AutoInsuranceQuote.com:
4AutoInsuranceQuote.com is an auto insurance quote provider based out of New York City. In business since 2008, 4AutoInsuranceQuote has provided more than one million free auto insurance quotes to its customers. Please visit http://www.4autoinsurancequote.com for a free quote today.
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SOURCE: 4AutoInsuranceQuote.com