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Re: OT: insurance premiums and car age
Posted by Dean (more from Dean) on Thu, 26 Feb 2004 07:03:41
In Reply to: OT: insurance premiums and car age, tturboboy, Wed, 25 Feb 2004 17:49:42
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With State Farm the costs seem to drop at 3 years.
Note that the cost of a total writeoff for the insurance company drops over time. But for lesser accidents, the cost of a new bumper and fender do not drop! So one component does not change until your vehicle has a book value less than the cost of a new fender.
posted by 66.142.223...
Posts in this Thread:
- OT: insurance premiums and car age, tturboboy, Wed, 25 Feb 2004 17:49:42
- "First dollar coverage", Stephen Goldberger, Thu, 26 Feb 2004 13:26:17
- Re: Dirty little insurance industry secret, Jenkster, Thu, 26 Feb 2004 09:40:10
- Re: OT: insurance premiums and car age, Dean, Thu, 26 Feb 2004 07:03:41 <-- Viewing This Message
- Re: OT: insurance premiums and car age, Erik W, Wed, 25 Feb 2004 18:10:43
- I think that it might be related to the cost to fix..., JustinHiFi
, Wed, 25 Feb 2004 18:06:44
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