+ Reply to Thread
Results 41 to 54 of 54
-
02-23-2009 01:48 PM #41
-
-
02-23-2009 01:56 PM #42
I think I pay about $1400 a year
Kids really drive up the rates, don't they?
The M Roadster has the highest premium and also raised my umbrella policy the most. But even then, I think it is only a few hundred a year - but it is in storage most of the time, so the premium is lower.
I used to be in the investement real estate thing (got out early and made money) and had a lot of policies - 22 at one time. I think I am down to 16 now.
I realized it pays to shop policies around and also go to higher deductables and eliminate "junk" coverage like rental cars and towing.
Stated value policies are nice and all, but since the incentive for fraud is so high, they can be very pricy. As I noted, what is parked in the garage is not (or should not) be the most expensive asset or liability on the books. People worry about insuring cars, when they depreciate like mad and can be readily replaced at a fairly reasonable cost.
Insurance can be all over the board. Boat US quoted me $2200 to insure one of my boats. But United Marine Underwriters charges only $690. That's a huge delta.
It does pay to shop around. GEICO did save me 15% as advertised, and also made the process painless and easy.
Now they are notorious for being stingy on paying claims, but I don't shop for insurance based on the idea that I intend to file a claim.
Like I said, others tend to look at insurance like a Chinese take-out menu.
-
02-23-2009 02:31 PM #43
-
02-23-2009 07:45 PM #44
-
02-23-2009 09:08 PM #45
-
02-24-2009 03:08 AM #46
"can't" No recovery process for road hazard.
I guess the could but knowing that it is 99.99% chance that they cannot recover a nickel, why would they waste their time? They certainly would not do it at the request of someone just because he happens to own a couple of semi nice cars.... Insurance companies are in business to make money and chasing non existent subrogation opportunities to keep clients egos intact is not a profitable endeavor.
-
02-24-2009 09:58 AM #47
Re: can't No recovery process for road hazard.
You know thorough communication is quite often very difficult on these boards. Reading this post and others you’ve made subsequent to my question lead me to the understanding that we agree that there is little or NO for value Fred’s carrier to seek recovery from GEICO.
The fact that they CAN'T as a component of a good business model is a subtlety I didn’t assume from reading your earlier post. My apology.
¿Question? In general terms, or within the terms of the company you represent, is this situation with a stone thrown by a tire defined within the terms of “Road Hazard”?
Please accept this as a legitimate question. It is a fine point I don’t independently understand and thanks in advance for the opportunity to learn.
-
02-24-2009 12:50 PM #48
-
02-24-2009 02:04 PM #49
- Location
- Gold Hill, OR, United States
Member No: 21597
- Join Date
- Dec 2001
- Posts
- 11,789
- Rep Power
- 0
Yes.
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
Signature to be included in the footer of all your posts. (HTML is ok)
Note: to include a picture in your signature, use HTML that looks like
You may place a link to your own site in your signature if you have a
reciprocal link to us on that page and follow the guidelines in our Link FAQ.
Links in violation of the Link FAQ may be removed without warning. Please also
do not include any pornographic or non-work-safe images in your signature.
-
02-24-2009 02:12 PM #50
- Location
- Gold Hill, OR, United States
Member No: 21597
- Join Date
- Dec 2001
- Posts
- 11,789
- Rep Power
- 0
Mercedes-Benz Finacial's take on it.....
"First Class Windshield Replacement - Is anything besides road debris covered?
No. Only covers the replacement of windshield if damage caused by propelled rocks or other road hazard debris such as wood debris, metal parts, plastic or composite scraps or any other propelled object."
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
Signature to be included in the footer of all your posts. (HTML is ok)
Note: to include a picture in your signature, use HTML that looks like
You may place a link to your own site in your signature if you have a
reciprocal link to us on that page and follow the guidelines in our Link FAQ.
Links in violation of the Link FAQ may be removed without warning. Please also
do not include any pornographic or non-work-safe images in your signature.
-
02-24-2009 02:22 PM #51
-
02-24-2009 09:35 PM #52
-
02-25-2009 09:33 AM #53
-
05-27-2016 10:42 PM #54
Reply With Quote 108.162.219.48
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks