I went from owning a car and fully insured, to not owning a car for ten years to owning a car and being fully insured.
My rates went down. Because I was older, and they charge people in their teens and early 20s ridiculous rates due to increased risk from inexperienced drivers. Not only that but my rates are lower than average for my state, even though I drive 45,000 miles a year or more. And have been in 3 accidents, one car killing, in the last 3 years (occupational hazard).
I can’t imagine where you heard that nugget.
