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Old 04-02-2009, 09:12 PM   #25 (permalink)
steveg78
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Quote:
Originally Posted by Theatrix View Post
But heres something that many don't know.

The example is real and is based on a 23 y/o. When a young man has one vehicle with full coverage then the vehicle is rated based on the age appropriate drive.
However, when that same young man has a DD with liability only and his "weekend" vehicle, then the primary vehicle is rated on his age and the "weekend" vehicle is rated at a full adult rate.

Wrote this Evo guy last week and with the EVo only, his rate was $1600, but with a second vehicle it dropped to $1200 for both because the Evo was rated at the full adult rate. It was actaully cheaper to cover two vehicles as opposed to one.
Ahhh no wonder I just got quoted such a sick rate. I called NJM to "scope out" the possibility of keeping my Jeep and getting a 370. I told the rep to put the Jeep on just liability since it's pd off and 6yrs old now and list the 370 as a pleasure vehicle...My rate was just $500 more than I am paying right now for full coverage on the Jeep.
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