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Re: Affordable insurance for a car only driven 3-4 times a yr [Re: HemiRick] #2781946
06/05/20 10:44 PM
06/05/20 10:44 PM
Joined: Mar 2004
Posts: 809
CO
R
Redbird Offline
super stock
Redbird  Offline
super stock
R

Joined: Mar 2004
Posts: 809
CO
You own 5 Challengers and a Hemi car in your stable of 15 cars. The world owes you a favor so you can grace the community with your fleet? Maybe have some concern for your fellow man in the event where you are driving and hit someone, like a kid, might better shape your thinking?

Re: Affordable insurance for a car only driven 3-4 times a yr [Re: not_a_charger] #2781950
06/05/20 10:50 PM
06/05/20 10:50 PM
Joined: Jan 2003
Posts: 10,486
Freeport IL USA
poorboy Offline
I Live Here
poorboy  Offline
I Live Here

Joined: Jan 2003
Posts: 10,486
Freeport IL USA
If you are out driving the car on one of those 3 or 4 days a year, and you get into an accident, would it really matter if that would have been the 120th day you drove it? You will still expect the insurance company to pay the agreed value.
Another aspect you are missing is that annual coverage covers the car all the time. Should a house fire consume the car, even if you haven't driven it at all this year, you would still expect the insurance company to cover your loss.

The premium you are paying is what the insurance company determines is the cost of replacing that car at the agreed price, weather or not your driving it at the time of loss. If you happen to be driving it at the time of loss, the company also covers, up to policy limits, the liability you may be on the line for as well. If you look at your policy, it will tell you how much the vehicle coverage cost and how much the liability costs, there is probably a policy cost, and may even be towing coverage as well added in. I suspect the liability cost is pretty low anyway, and that amount is the only part that could be impacted by how much you drive. The only limiting factor I've ever seen on an insurance policy is how much you drive, not how little you drive.

I have liability insurance only on my coupe. It costs me over $100 a year for liability only even with several discounts (good driving record, low traffic area, & multiple vehicles just to name a few). That would be zero coverage on the car itself. If it gets wrecked and its not my fault, I will get whatever the others persons insurance will pay.

If you think that classic car insurance is a rip off, put just liability coverage on it and drive it. That might save you a $100 a year, but it could cost you a lot more with a total loss. Gene

Re: Affordable insurance for a car only driven 3-4 times a yr [Re: jcc] #2781998
06/06/20 08:32 AM
06/06/20 08:32 AM
Joined: Nov 2007
Posts: 21,808
Kirkland, Washington
Pacnorthcuda Offline
Too Many Posts
Pacnorthcuda  Offline
Too Many Posts

Joined: Nov 2007
Posts: 21,808
Kirkland, Washington
Originally Posted by jcc
The flip side is, how is the Insurance supposed to know if I might be driving my car 3,000,000 miles a year? They are playing the averages, its a shared risk concept.


That would require an average speed of 342 mph, 24 hours a day, 365 days a year. I am sure they are confident you are not driving 3 million miles a year.

Re: Affordable insurance for a car only driven 3-4 times a yr [Re: Pacnorthcuda] #2782003
06/06/20 08:41 AM
06/06/20 08:41 AM
Joined: Dec 2003
Posts: 22,695
Bitopia
J
jcc Offline
If you can't dazzle em with diamonds..
jcc  Offline
If you can't dazzle em with diamonds..
J

Joined: Dec 2003
Posts: 22,695
Bitopia
Originally Posted by Pacnorthcuda
Originally Posted by jcc
The flip side is, how is the Insurance supposed to know if I might be driving my car 3,000,000 miles a year? They are playing the averages, its a shared risk concept.


That would require an average speed of 342 mph, 24 hours a day, 365 days a year. I am sure they are confident you are not driving 3 million miles a year.


OK OK, Ok, I confess, my mileage is based on the earths rotational orbit, confidence does not automatically confer accuracy.


Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.
Re: Affordable insurance for a car only driven 3-4 times a yr [Re: jcc] #2782008
06/06/20 08:52 AM
06/06/20 08:52 AM
Joined: Aug 2019
Posts: 9,308
Super Spudsville
Mr PotatoHead Offline
Half Baked
Mr PotatoHead  Offline
Half Baked

Joined: Aug 2019
Posts: 9,308
Super Spudsville
I have one older mopar I drive less then 500 miles a year and they charge me $16 a month. What 50 cents a day?

Its easy to skip a few coffees or one time out to lunch a month to offset the costs.


STOP POTATO HATE!
Re: Affordable insurance for a car only driven 3-4 times a yr [Re: Mr PotatoHead] #2782135
06/06/20 02:07 PM
06/06/20 02:07 PM
Joined: Mar 2003
Posts: 4,848
Memphis
HemiRick Offline OP
master
HemiRick  Offline OP
master

Joined: Mar 2003
Posts: 4,848
Memphis
Who is they? As I've stated I've stopped driving the uninsured cars....

Last edited by HemiRick; 06/06/20 02:08 PM.

Take care,
Rick
68 Coronet R/T 440 & 68 Charger 528 Hemi,and 5 Challengers! 6 cyl, 318, 360, 383, 451
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