Cheap low-mileage vehicle insurance

[FORman]

All of mine are with progressive. No mileage limits etc. I think my corvette is $90/ 6 months and would be cheaper if it wasn't the 5th vehicle and on a second policy by itself (they only allow 4 per policy). My camaro was under $70 /months when it was on policy 1. I don't like the restrictive collector car insurance (only drive on certain days and certain range form home, etc) so I keep everything on a standard high limit policy.

My 51 Crosley Farmoroad is with Grundy ($10/mo for 10k in collision. The the only limitations are commuting to and from work etc. its unlimited pleasure mileage. The big advantage to collector car insurance is the mutually agreed upon value.

 

[JadeRaven]

I paid $200 up front for 6 months of coverage with Geico for the bare minimum in Louisiana. That's on my everyday vehicle I commute to work with. Shop around some insurance companies are ridiculous. Progressive went up to $120/month for me and that's what finally forced me to move away after being a loyal customer for 10 years. Couldn't believe Geico was so much cheaper.

Progressive is a high-risk insurer and thus have higher rates.

 

[Quickdraw22]

With all of that being said - I'll start calling around.

I've dealt with Hagerty and Grundy for our classic cars, but I've still got my daily driver, the BMW, and two motorcycles to insure.

Also - Hagerty rocks as long as you aren't running a high HP car. Once you get something semi-dangerous, they stick a few restrictions on your policy.

 

[xsboost]

I'd be interested to hear what you end up settling on. I've been with Geico for almost 20 yrs now, but when I asked for "weekend/occasional use" reduced rates for my third vehicle the "excuse" they gave me was due to Louisiana State law minimum coverage limits, they couldn't extend the same discounts to us as they could other states. I guess it kinda makes sense, if it's being taken out of their hands, but I'd still be interested in someone else's findings....

 

[FORman]

I'd be interested to hear what you end up settling on. I've been with Geico for almost 20 yrs now, but when I asked for "weekend/occasional use" reduced rates for my third vehicle the "excuse" they gave me was due to Louisiana State law minimum coverage limits, they couldn't extend the same discounts to us as they could other states. I guess it kinda makes sense, if it's being taken out of their hands, but I'd still be interested in someone else's findings....

It sounds to me like they are blowing smoke. Louisiana minimum coverage limits are so low, I wouldn't settle for that on anything.

 

[general mills]

With all of that being said - I'll start calling around.

I've dealt with Hagerty and Grundy for our classic cars, but I've still got my daily driver, the BMW, and two motorcycles to insure.

Also - Hagerty rocks as long as you aren't running a high HP car. Once you get something semi-dangerous, they stick a few restrictions on your policy.

This is true. My Fiat has no restrictions, but my friend who has an older Camaro is limited in mileage and such.

 

[W1nds0rF0x]

'70 - the only year with the two piece rear bumper.

The MG is with Hagerty right now, but the BMW is too new to be considered, no matter how low the mileage is - I was just looking for a cheaper option. Why spend so much money insuring something you'll drive 4-5 days a month when you don't have to?

How old does it have to be? I might need to look at them for my Mustang.

 

[the dubshow]

Go get an antique plate for the '87. I have a '84 rabbit that I registered as antique. Its a life time plate with no renewal. And my insurance is $42 per 6 months, $84 a year. Thats with a value of $5000 incase it gets destroyed. I also have a '91 miata that I get bent over on. Both cars are very much secondary but I pay $300/6 months on it with only basic liability... I need to go re shop that policy. Currently everything is statefarm

 

[JadeRaven]

Everyone with the "state minimum liability".... do y'all have good health insurance and/or an umbrella policy, or perhaps good life insurance?

If an uninsured driver hits you and you just have 10/20 liability, you're up the proverbial creek.

 

[Quickdraw22]

Everyone with the "state minimum liability".... do y'all have good health insurance and/or an umbrella policy, or perhaps good life insurance?

If an uninsured driver hits you and you just have 10/20 liability, you're up the proverbial creek.

I got dem good inchurances

 

[W1nds0rF0x]

Liability and uninsured motorist are two different coverages.

 

[Quickdraw22]

Liability and uninsured motorist are two different coverages.

I was referring to health/life. I could care less about the car/bikes - I would likely MAKE money if I scrapped them...

 

[W1nds0rF0x]

I was referring to health/life. I could care less about the car/bikes - I would likely MAKE money if I scrapped them...

Yeah that was aimed at the other post. But holy crap I can save $250/yr if I switch the Mustang to Grundy. And that includes losing the multi car discount at the other place and I'll had a ton more coverage.