It depends on which state laws you're under. At the time in Oregon, the cost of insurance was supposed to be calculated on the likelihood of x $ of damage over a period of time, divided by that period of time. Plus shipping & handling.
It may never have been that way in CA, and it may not be that way in OR now, but it seemed like a reasonale formula at the time.
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Date: 2007-08-17 10:34 pm (UTC)It may never have been that way in CA, and it may not be that way in OR now, but it seemed like a reasonale formula at the time.