Posted by Neo on April 17, 2011, 7:31 pm
I paid about $200/year but my deductible is only $00.
Posted by Elmo P. Shagnasty on April 17, 2011, 9:07 pm
Why so low? That's a fool's game.
Get a quote for a $00 deductible, and figure out how often you'll need
to come up with that extra $00.
Posted by Neo on April 22, 2011, 7:22 pm
Yes - its one of the things I am considering this year
as a budget cutting measure. . Increasing the auto insurance
deductible will lower the auto insurance premium.
We have our share of fender benders and risky drivers
in DC/MD/NOVA metro area - so the insurance premium
can be pretty high here.
Posted by DA on April 19, 2011, 7:37 pm
Elmo P. Shagnasty wrote:
Since all auto insurance companies I ever dealt with only offered 6
months, not 1 yr payments at most, and all price comparisons I ever saw
were based on 6 months premiums, I have a suspicion this is a 6 month
premium you're talking about - when people (here in US anyway) think about
auto insurance cost, they tend to think in terms of a 6 months premium
costs - the most common basis.
Anyway, I've been paying something like $00/6 months (also $00
deductible) for the Prius since 2006. When you insure two cars, it's hard
to tell exactly what the portion of each is 'cause your liability is only
calculated once, but $00/6mos was just about it for Prius.
And then my teenagers became of driving age and any talks about car
insurance costs suddenly have no relation to the cars' make/model/year
Posted by Elmo P. Shagnasty on April 19, 2011, 8:40 pm
email@example.com (DA) wrote:
I took my $38/6 months and bumped it into a yearly sum.
The "under $00" is a yearly premium.