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Updated almost 5 years ago,
$50,000 Auto Insurance Premium on a Sedan in Brooklyn???
Is this real? I was on the phone with one of the major auto insurers today. The rep was telling me that he had a woman from Brooklyn who let her daughter drive her car. Daughter caused an accident and the insurer covered it. However he said the annual rate went to over $50,000 for an average Sedan! Was he off on his numbers or does this happen?