- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Car Insurance Question
Posted on 5/19/14 at 11:17 am to Shadowlink
Posted on 5/19/14 at 11:17 am to Shadowlink
quote:
This is not necessarily true. The price of labor and materials to repair a vehicle don't get cheaper.
the labor would be the same sure.
But the rate on comp and collision absolutely would be lower on an older vehicle. it is a pure numbers game.
comp and collision on a 40k vehicle means the cost of a total would be 40k minus the deductible. on a 5k vehicle there is less on the line from the carrier perspective, thus lower rates on the coverage.
Posted on 5/19/14 at 12:00 pm to Mr.Perfect
quote:
comp and collision on a 40k vehicle means the cost of a total would be 40k minus the deductible. on a 5k vehicle there is less on the line from the carrier perspective, thus lower rates on the coverage.
I totally understand what you're saying. But after a certain age, the comp and collision will not come down. There is a reason people drop the comp and collision coverage after a while because the insurance companies don't make it worthwhile anymore.
Popular
Back to top
Follow TigerDroppings for LSU Football News