I'm thinking of changing my auto insurance for the work trucks. I haven't really changed it in years, so I'm wondering if anyone has any good tips?
Andy
Farmers has handled my vehicle insurance for a very long time, coverage is customized for my needs and claims have been handled very quickly.
Andy J, post: 323035, member: 44 wrote: I'm thinking of changing my auto insurance for the work trucks. I haven't really changed it in years, so I'm wondering if anyone has any good tips?
Andy
Your rate is highly contingent on the number of miles driven.
Check your odometers and see what they have listed for the number of miles driven.
Could save a little money by updating that.
When you get full collision coverage on the trucks, that premium is based upon what they would appraise for at the time they were wrecked.
Your trucks have probably depreciated since you first insured them. Although you may have $30,000 coverage, they will only pay what they are actually appraised at.
I recently visited my insurance company (AAA) and the lady went through my policy. I hadn't looked at it in 5 years or so...
She told me they had a value of $20,000 on my 1958 pick-up that in reality was only worth $8000.
I came out with a lower premium. I recommend doing the same every couple years.
My brother had someone run into his truck while he was on vacation. His insurance was Allstate.
1.) He couldn't get a rental vehicle to get home.
2.) They tried to get out of towing his truck back to his house, rather they wanted to have it sitting in a wrecker yard for several weeks in a far away town.
3.) He initially had the truck estimated to be repaired at a local body shop. Allstate approved the repair estimate.
Brother decided to cash out and either fix it himself or take the money to another body shop.
Allstate told him that if he was going to "cash out", they would have to reduce the appraisal by several thousand dollars and they would not include state taxes in the estimate.
They said that he couldn't just pocket the money. He replied that he could take the money to Vegas and buy hookers and blow if he wanted and that it would be none of their business! :excruciating:
It was a deceitful bluff on the part of Allstate. My brother got his truck towed home and received a check in the amount of the original estimate.
Luckily my brother knew what he was talking about.
I've had State Farm since 1975, they have always treated me right
