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#1
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Just curious
I was wondering how many people had full coverage on their SVXi. I was thinking it would probably be worth the extra cost in case of vandalism, etc. For those that do, is it worth it? Until now I've pretty much driven older Subaru klunkers. Any advice would be appreciated. Thanks.
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#2
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Full coverage on both of mine. I guess it's worth it for peace of mind. Alot of uninsured/unregistered motorists in this state also so I want to be covered no matter what.
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Matt Locker Link 2015 BRZ Limited 6MT 92 Ebony LS-L ECUtune Stage2av1, Z32 MAF, 370cc injectors, TomsSVX intake, BontragerWorks 22mm RSB #003, HID Hi and Lo beams, OT endlink and bushing mods, PWR Aluminum radiator, Harvey's QC shift kit, 2.5" flowmaster 80 exhaust, 17" Michelin Pilot Sport A/S, Poly sway bar bushings, Slotted Bradi rotors, AFBeefcake powdercoated calipers, 97 grill, and a huge set of air horns. 300,000 miles and counting 92 Ebony LS-L. ecutune stage1v4, motorsport 1pc pulley. Garage Queen - sold to Dad in upstate NY 155,000 miles 19 Subaru Ascent Premium - -Hers !. 89 DL 4x4 little red wagon - a.k.a. The immortal suby. 275k R.I.P. |
#3
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Mine all have full coverage. It doesn't cost that much more on my cars.
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. Earl .... ... .... ><SVX(*> Subaru Ambassador [COLOR=”silver”]1992 Tri Color L[/COLOR] ~45K (06/91) #2430 1992 Dark Teal LS-L ~184K (05/91) #0739 1992 Claret LS-L ~196K (05/91) #0831 1992 Pearl LS-L ~103K (06/91) #1680 1992 Pearl LS-L ~151K (06/91) #2229 1992 Dark Teal LS ~150K (07/91) #3098 (parts car) 1992 White LS-L ~139K (08/92) #6913 1993 25th AE ~98K (02/93) #164 1993 25th AE ~58K (02/93) #176 1993 25th AE ~107K (02/93) #215 1993 25th AE ~162K (02/93) #223 1994 Laguna Blue Pearl LSi ~124K (1/94) #2408 1994 Laguna Blue Pearl LSi ~144K (10/93) #1484 1994 Laguna Blue Pearl LSi ~68K (10/93) #1525 1994 Barcelona Red LSi ~46K (02/94) #2624 1994 Pearl LSi ~41K (12/93) #1961 1995 Bordeaux Pearl LSi ~70K (02/95) #855 1996 Polo Green LSi ~95K (03/96) #872 1997 Bordeaux Pearl LSi ~55K (08/96) #097 2003 Brilliant Red LS1 Convertible ~29K (04/03) #8951 1999 Magnetic Red LS1 Coupe ~33K (04/99) #6420 My Email | Old Locker | New Locker | Picture of 15 of the 19 |
#4
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No full coverages....I'm not located in a big, big city and I always parked at safe places as I think. I figured it's better to save some if there's any maintenance stuff needed. If I'm in a big city, I might think about it...
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-SSSVX 92 LS-L TEAL since Aug '01 92 LS-L YELLOW since Mar '05 |
#5
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Quote:
I thought you said you only have 2 or 3 insured at one time and roll them over....
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-SSSVX 92 LS-L TEAL since Aug '01 92 LS-L YELLOW since Mar '05 |
#6
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I have full coverage on all 10 of them, but then put all but 2 or 3 into a storage mode. That way it is only $5.00 or so per month, they are covered, but not driven. All I have to do is call into the agency and change the status when I want to. They are all the same price to insure, so I can add one, and store one and it doesn't change the cost at all.
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. Earl .... ... .... ><SVX(*> Subaru Ambassador [COLOR=”silver”]1992 Tri Color L[/COLOR] ~45K (06/91) #2430 1992 Dark Teal LS-L ~184K (05/91) #0739 1992 Claret LS-L ~196K (05/91) #0831 1992 Pearl LS-L ~103K (06/91) #1680 1992 Pearl LS-L ~151K (06/91) #2229 1992 Dark Teal LS ~150K (07/91) #3098 (parts car) 1992 White LS-L ~139K (08/92) #6913 1993 25th AE ~98K (02/93) #164 1993 25th AE ~58K (02/93) #176 1993 25th AE ~107K (02/93) #215 1993 25th AE ~162K (02/93) #223 1994 Laguna Blue Pearl LSi ~124K (1/94) #2408 1994 Laguna Blue Pearl LSi ~144K (10/93) #1484 1994 Laguna Blue Pearl LSi ~68K (10/93) #1525 1994 Barcelona Red LSi ~46K (02/94) #2624 1994 Pearl LSi ~41K (12/93) #1961 1995 Bordeaux Pearl LSi ~70K (02/95) #855 1996 Polo Green LSi ~95K (03/96) #872 1997 Bordeaux Pearl LSi ~55K (08/96) #097 2003 Brilliant Red LS1 Convertible ~29K (04/03) #8951 1999 Magnetic Red LS1 Coupe ~33K (04/99) #6420 My Email | Old Locker | New Locker | Picture of 15 of the 19 |
#7
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I've got pretty good personal injury and uninsured motorist protection, but aside from the mandatory liability insurance, that's all. On average, insurance doesn't pay off in the long run. The value of insurance is a matter of probability, and the probability is favorable compared to the cost of comprehensive insurance. Since the odds are in my favor I'm more than willing to take my chances to save a fairly considerable chunk of change. I only insure things I can't afford to lose, such as my health.
One way to look at comprehensive insurance is as though it was a payment plan. It's like non-refundable, prepaid auto body repair. The insurance company estimates how much you're going to cost them in the long run, and they charge you at a monthly rate that should cover that - plus a little extra to make it profitable. The only customers that actually benefit substantially from comprehensive insurance are the ones who use it frequently. Naturally, these customers tend to be charged progressively higher rates until eventually the insurance companies level the field again. The extra charge to make their business profitable is part of the expense that is essentially wasted because you don't ever recoup that, but there's another expense most people don't consider. Most people, when presented with the cost to repair damage to their vehicle, usually elect to forgo the repairs when the money must come directly out of their pocket. Sometimes this is because they can't afford it, but often it's because they feel that it's simply not worth it. When the money comes directly from the insurance company however, they have no problem spending it - they've already paid for it so they might as well spend it. The truth is that indirectly the money still comes out of their own pocket - it just passes though a middleman first, who takes a little (or a lot) off the top before passing it along. Now, if you've already paid into the insurance company, you might as well get your money back out, but it's even smarter to not pay into the pool in the first place, and instead to pay for the repairs directly when they're needed. This also allows you the opportunity to decide at the time repairs are needed that the repairs are not worth the expense, instead of having to commit to them before you even know what they are. I fully insured my SVX with very generous coverages and low deductibles for six months when I first purchased it. I figured that I was going to do something stupid, the probability was greatly biased towards something bad happening sooner rather than later. Statistics show that after one year, the odds of oops are cut approximately in half. The 50% figure is actually a very broadly applicable statistic, as a one-year "statistical half-life" applies to quite a few things including vehicle damage car accidents, injury accidents, fatality accidents, motorcycle accidents - even gun accidents, airplane accidents, workplace accidents, and so on. The odds of getting into an accident are highest on the drive home from the dealer. If you've made it past the first few months, you're almost on easy street. After my six months was up, I didn't renew the comprehensive. My insurance company didn't like that very much because their rates are figured based on the term of a normal car loan which is much longer. Had I needed the coverage within the first six months I would have come out way ahead by several times. Had I needed the coverage during a three year time span, I would have paid more than twice what the maximum pay out would have been. As for covering against other people, that's a different story. The bulk of the cost for comprehensive insurance covers you. The biggest expense for insurance companies is their own customers. |
#8
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I got State Farm Ins on everything cars house etc. Been with them so long I get discounted rates oneverything . Yes the SVX is fully covered including in my garage . Being of corse an older car my rate on it is dirt cheap
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#9
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I have full coverage on the 94L. cost= $375 for 6 months (I still owe 3K on the car)
The 92LS-L has Liability only and cost = $425 You figure out why I pay less for full coverage I sure cant. |
#10
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1300 for 6 months full or 115 per month for liability I've got libility only
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86 GMC Jimmy Blue and Silver- R.I.P. 87 Integra RS ~228k miles R.I.P. 92 SVX LS-L Perly ~186k R.I.P. 89 240sx se red ~165k miles Gone and unknown 89 240sx se Black~185k R.I.P. 85 Toyota pickup ~205k R.I.P. 85 BMW 325e ~ Gone and unknown 85 Ford Mustang getting engine swap now! 05 Colorado ~108k Daily Driver |
#11
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full on both, with uninsured underinsured protection.
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David 96LSi 102k Laguna Blue 95 LS-L AWD, Safety package, 140k Polo Green the Chick Magnet: 91 Justy GL EFI 4x4 154k (new motor @120k) 90 Yamaha V-Max 82 Yamaha XJ650LJ Turbo My Diver Propulsion vehicle: 88 Jeep Cherokee 160k "U-sta-have" 88 XT6 AWD Pearl, 86 XT Lt Blue, 85 XT AWD/4x4 Turbo Space Blue |
#13
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Full coverage on the SVX, enough to keep me out of jail on the 200sx.
The total on these together is $265 less every 6 months than my one 2000 Civic was. Go figure.
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Brian |
#14
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Quote:
Thanks for your input everyone. It is much appreciated. P.S. If someone can PM me this secret compartment location that I keep hearing about that would be great as well. |
#15
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full coverage, and it was well worth the windshield coverage when it broke, over a grand to repair w/o insurance.
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