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SportTrac Discussion
Audio Systems
Hit and run rip off by...PROGRESSIVE insurance...
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<blockquote data-quote="Tom Schindler" data-source="post: 593580" data-attributes="member: 56140"><p>The really sad thing about insurance is when your vehicle gets older, the premimums of colision do lot lower, but the liability does.</p><p></p><p></p><p></p><p>For example, if you buy a new vehicle today and replacement is $20,000, you pay 500/year for colision. 5 years later, the value is only $8,000, but the premimum is still the same.</p><p></p><p></p><p></p><p>Sometimes I wonder if everyone is better off buying a policy based on the actual value and have it apraised once a year.</p><p></p><p></p><p></p><p></p><p></p><p>Tom</p></blockquote><p></p>
[QUOTE="Tom Schindler, post: 593580, member: 56140"] The really sad thing about insurance is when your vehicle gets older, the premimums of colision do lot lower, but the liability does. For example, if you buy a new vehicle today and replacement is $20,000, you pay 500/year for colision. 5 years later, the value is only $8,000, but the premimum is still the same. Sometimes I wonder if everyone is better off buying a policy based on the actual value and have it apraised once a year. Tom [/QUOTE]
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SportTrac Discussion
Audio Systems
Hit and run rip off by...PROGRESSIVE insurance...
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