Comment on car insurance

Need? WTF? Maybe he WANTS four vehicles. What difference does it make
(other than perhaps lowering the rates on some of the cars due to
multi-car discounts, low annual mileage rating, etc.)?

 

Need? WTF? Maybe he WANTS four vehicles. What difference does it make
(other than perhaps lowering the rates on some of the cars due to
multi-car discounts, low annual mileage rating, etc.)?

 

Sir F. A. Rien wrote:

The coverage IS with the Hartford but if you mean their regular lines
(non-group plans), I don't recall if they came up or not. My
recollection is that they did but were somewhat higher than the AARP
plan. I did run it by several agents as well as one of those insurance
quote sites and it came out top dog in each case.

Haven't found it to be a problem, especially when I consider the
discount on insurance as well as the lodging discounts when traveling.

Regarding your question on the number of cars. I wasn't complaining
about the premium. I get the coverage I want/need at the best price I
can find. If I choose to have six cars, what's the difference. I NEED
three, but I want the fourth (the 'Vette). No problem.

 

Sir F. A. Rien wrote:

The coverage IS with the Hartford but if you mean their regular lines
(non-group plans), I don't recall if they came up or not. My
recollection is that they did but were somewhat higher than the AARP
plan. I did run it by several agents as well as one of those insurance
quote sites and it came out top dog in each case.

Haven't found it to be a problem, especially when I consider the
discount on insurance as well as the lodging discounts when traveling.

Regarding your question on the number of cars. I wasn't complaining
about the premium. I get the coverage I want/need at the best price I
can find. If I choose to have six cars, what's the difference. I NEED
three, but I want the fourth (the 'Vette). No problem.

 

Truth is, one can save a LOT more by ditching even ONE extra vehicle than
they can by checking the costs of ALL insurance companies in the entire
country.

 

Truth is, one can save a LOT more by ditching even ONE extra vehicle than
they can by checking the costs of ALL insurance companies in the entire
country.

 

The price I got from AARP was much higher than Esurance.

 

The price I got from AARP was much higher than Esurance.

 

Some of us wish to find the best rate for what we own, not get the best rate
for what we don't own.

 

Some of us wish to find the best rate for what we own, not get the best rate
for what we don't own.

 

sharx35 wrote:
....

Truth is, one can save a LOT more by ditching all your vehicles.

Anthony

 

sharx35 wrote:
....

Truth is, one can save a LOT more by ditching all your vehicles.

Anthony

 

WE have saved thousands by such techniques as cutting down on total insured
value--what do we really NEED. Some things are cheaper to rent for a day or
two every year or so than to BUY and have to maintain, register and insure.
Similarly, by increasing deductibles and by NOT having expensive glass or
unnecessary coverage. It is also very, very foolish to make small claims.
SELF-insuring is the CHEAPEST insurance possible--that's why larger
companies and local governments have deductibles of several million--if you
can AFFORD to pay a claim, it is cheaper to pay out the rare smaller type
claim then it is to have a LOW deductible and pay higher premiums for it,
year AFTER year AFTER year. Premium savings can be invested and earn a LOT
more than hypothetical claims, covered, can save you.

 

WE have saved thousands by such techniques as cutting down on total insured
value--what do we really NEED. Some things are cheaper to rent for a day or
two every year or so than to BUY and have to maintain, register and insure.
Similarly, by increasing deductibles and by NOT having expensive glass or
unnecessary coverage. It is also very, very foolish to make small claims.
SELF-insuring is the CHEAPEST insurance possible--that's why larger
companies and local governments have deductibles of several million--if you
can AFFORD to pay a claim, it is cheaper to pay out the rare smaller type
claim then it is to have a LOW deductible and pay higher premiums for it,
year AFTER year AFTER year. Premium savings can be invested and earn a LOT
more than hypothetical claims, covered, can save you.

 

Agreed. However, we have cut down to just one dependable vehicle. If we
REALLY need a truck to haul something, it can be rented for a LOT cheaper
than BUYING a truck, registering, insuring and maintaining it. Never mind
cluttering up the yard or street with it.

 

Agreed. However, we have cut down to just one dependable vehicle. If we
REALLY need a truck to haul something, it can be rented for a LOT cheaper
than BUYING a truck, registering, insuring and maintaining it. Never mind
cluttering up the yard or street with it.

 

I have Allstate and they do raise rates pretty much the same as all
insurers do. But overall they are the least expensive for me. I can't
imagine anyones policy every going down unless coverage was changed.

 

I have Allstate and they do raise rates pretty much the same as all
insurers do. But overall they are the least expensive for me. I can't
imagine anyones policy every going down unless coverage was changed.

 

What has largely gone unsaid in this thread and which needs to be
mentioned for some, I suspect, is that when comparing auto insurance
rates for two different individuals, you're almost always going to be
comparing "apples and oranges." What sometimes seems to be an endless
list of factors, well, factor in to establishing your rate. Where you
live, where you drive, how much you drive, your age, your
driving/accident history, your credit rating, your vehicle, and so on.

The point is to compare and when someone, like me, says that AARP or
Geico, or Allstate gives the best price, look at the margin of
difference and CONSIDER them. See what they quote you.

Also, check their rating, YOUR experience with them will largely follow
the ratings of AM Best. If they get a crappy rating, it's safe to
assume that any interaction with them after a collision will involve a
load of anti-acid tablets and a bad taste in your mouth.

 

What has largely gone unsaid in this thread and which needs to be
mentioned for some, I suspect, is that when comparing auto insurance
rates for two different individuals, you're almost always going to be
comparing "apples and oranges." What sometimes seems to be an endless
list of factors, well, factor in to establishing your rate. Where you
live, where you drive, how much you drive, your age, your
driving/accident history, your credit rating, your vehicle, and so on.

The point is to compare and when someone, like me, says that AARP or
Geico, or Allstate gives the best price, look at the margin of
difference and CONSIDER them. See what they quote you.

Also, check their rating, YOUR experience with them will largely follow
the ratings of AM Best. If they get a crappy rating, it's safe to
assume that any interaction with them after a collision will involve a
load of anti-acid tablets and a bad taste in your mouth.