Cost my insurance company over $100,000. You don't think it's going to happen to you until it happens to you.
2018 Mirage G4 1.2 ES CVT (Wife's current car)
2017 Mirage G4 1.2 ES CVT Smartphone Link Display Audio (SDA) System(Crashed)
2014 Mirage DE 1.2 Manual and BT (Sold)
2015 Lancer SE 2.4 AWC (daily driver)
2000 Mirage DE 1.8 Auto (Sold)
View my fuel log 2017 Mirage G4 ES CVT 1.2 automatic: 42.0 mpg (US) ... 17.9 km/L ... 5.6 L/100 km ... 50.4 mpg (Imp)
My mirage is 268 every 6mo with those coverages.
It doesn't add an enormous amount to your premium.
When I was younger I was more likely to go with low coverages though as the premiums were more due to younger age.
Source: Low-Liability Auto Coverage Is a Good Deal--if You Don't Have Much to LoseInterestingly, it doesn't cost all that much more to dramatically increase coverage. Boosting liability coverage from the state's minimums to $100,000 per person for bodily injury, $300,000 per accident and $50,000 property damage--or about 10 times the state minimum--would add about $200 to the average annual premium, according to State Farm actuaries.
View my fuel log 2015 Mirage ES 1.2 manual: 51.4 mpg (US) ... 21.8 km/L ... 4.6 L/100 km ... 61.7 mpg (Imp)
We recently had the insurance discussion in our household the cars are cheap to run, fuel, etc. The insurance is higher for decent coverage. Personally reliability and warranty are more important to us and we are willing to pay a little more in insurance in trade to have reliable vehicles and like I posted elsewhere on the forum the cars are easily totaled and that is one of the reasons insurance is higher. I can speak from experience driving around in a perfect vehicle that another person ruined that crashed into you once they are repaired they are never the same.
Why is a Mirage insurance higher than for other vehicles?
AFAIK in the Netherlands only the weight of a vehicle is important for the insurance rates. As the Mirage is light, it is also cheap to insure. I pay €170 a year for civil liability (inc taxes). Don't know the exact coverage, but the legal minimum is 1million/5million/1million.
If my insurance can supply that for that price, why can't an US insurance do the same?
View my fuel log 2013 Space Star Cleartec Intense 1.0 manual: 53.4 mpg (US) ... 22.7 km/L ... 4.4 L/100 km ... 64.1 mpg (Imp)
Zero, my 2014 ES Plus gone but not forgotten. We're driving the Beetle of the 21st century
View my fuel log 2017 Mirage ES PLus 1.2 manual: 39.0 mpg (US) ... 16.6 km/L ... 6.0 L/100 km ... 46.8 mpg (Imp)