<VV> Insurance

[Padgett]

>  Is not the newer car more likely to be in an accident because it is 
> typically driven more miles per year than the 15 year old car? Not in my 
> family, but typically! So are you saying that older car drivers with 
> collision coverage are subsidizing the new car owners?

Not always true. For instance a Corvair does not have the shock absorbing 
bumpers, harnesses, air bags, or ABS of a modern car and so in the same 
collision is likely to suffer more damage both to it and to you. Even so 
you have options:
1) no-one is forcing you to take collision (as mentioned comprehensive is 
cheap). You could just bank that part of the premium and see if it takes 
care of problems when something happens.
2) there are stated value and collector car policies (right now I have the 
"daily drivers" with Allstate and the "collector cars" with JC Taylor). 
There is no reason that all of your cars need have the same coverage or 
even use the same company.

BTW my policy rates the cars also according to annual mileage, work or 
pleasure, and drivers. Might check if your ratings are correct. There was a 
significant drop when one car was changed from "over 8000 miles annually" 
to under.

Padgett

Padgett


Padgett