Free Auto Insurance Quotes — Don’t Buy Any Of These Two Unless It Is Regarded A Classic
January 18, 2010 4:48 pm AutosI’ll share a sure-fire tip for anyone to attract the most affordable free auto insurance quotes for their profile and coverage needs: You are surely paying more than necessary if you’ve got collision and comprehensive coverage for an old car that is not a classic. The reason for this is that insurance companies base your compensation on what is called the Kelly Blue Book value of your car at any given point in time. So even if you have paid your premiums faithfully for years but the Kelly Blue Book value says your vehicle is worth nothing, you will get a dime from the insurer and they’ll be totally covered by the law.
So, stop frittering away your money. As soon as a vehicle gets old, give up collision and comprehensive coverage on it. Doing this will cut down your costs and not put you at risk at the same time.