Help with insurance

AutoTchr · #1 06-01-2006, 05:33 PM

My current insurance company (AIG) wants as much money to insure my truck as my svx.

The SVX is driven daily.
The truck is driven once every two months MAYBE to the lumber store.

Less than 100 miles a year for sure. This ticks me off to no end because it makes no sense what-so-ever. I can only drive one vehicle at a time.

So what can be done here? People with sports cars that drive them only on sunny days......what do you do? Pay insurance year round?

And on top of it all the representative told me that if I cancel the insurance on the truck that he would have to notify the DMV and they could revoke my license. For owning an uninsured vehicle that I don't drive????(won't drive if it is uninsured)

So any suggestions?????

#2 06-01-2006, 07:00 PM

Hmm.... would you be able to get seasonal plates? Here in Germany you can register your car for just a few months, for example from April to September. The plate has embossed on it the months that the registration is valid, and then you only pay insurance for those months. Many people with convertibles or motorcycles do that here.

A friend of mine has two cars - a nice one for summer and an old beater for winter. They are registered with seasonal plates so that in the end he always has only one car on the road. (and only pays insurance for one car at a time without overlapping.)

I have no clue if Oregon allows such a thing, but it doesn't hurt to ask. The trick lies in registration. If your car is registered for year-round, then it must be insured for the whole year.

Manarius · #3 06-01-2006, 07:35 PM

Quote:

Originally Posted by AutoTchr

And on top of it all the representative told me that if I cancel the insurance on the truck that he would have to notify the DMV and they could revoke my license. For owning an uninsured vehicle that I don't drive????(won't drive if it is uninsured)

Last time I checked, I could own a vehicle insured or not. Now, I can't drive it if it isn't insured, but I can still own it.

#4 06-02-2006, 03:29 AM

Quote:

Originally Posted by Manarius

Last time I checked, I could own a vehicle insured or not. Now, I can't drive it if it isn't insured, but I can still own it.

I think you've missed the part about registration. Many US states have a database of registered cars which is often updated directly by the insurance companies. If AutoTchr were to simply cancel his insurance, then the insurance company might even have to by law inform the DMV database. If no other insurance company updates the database saying the car is insured, then the registration gets revoked, the plates become invalid and you may even have to pay a fine for driving an uninsured vehicle.

bwb3 · #5 06-02-2006, 07:41 AM

When I switched insurance companies it wasn't 2 weeks before I got a letter from the DMV informing me my registration was being revoked unless I provided proof of insurance. Was able to do that on-line.

When I did the title transfer on my '64 Ford project truck, they said I had to register it which, in turn, required insuring it. After explaining that it was going thru a year + rebuild (now going on 2) they said they had a title classification that says you own it but can't take it on the road. No insurance required. Will switch it over when I'm ready.
Gene

AutoTchr · #6 06-02-2006, 07:48 AM

I am calling around to insurance companies today. If I can't find anything I will be selling the SVX since I MUST have a truck. It seems to me that someone should have a policy for this case.

I have a friend that has 4 vehicles. I will ask him what he does. It seems insane to pay the same amount for a vehicle that is parked most of its life as one that is driven daily. The DRIVER should be insured not the car.

somehow this comes down to one word.....profit.

Suby Fan · #7 06-02-2006, 08:24 AM

do what my friends with 15 some odd cars do... dont insure a single one of them! why? because with todays living expencises who can afford insurance... i cant... with my driving record last time i got a quote it was $2,700

that was after the good student discount! luckly i share the same name as my dad so insureance is more like 400 dollars ever 6 months

Royal Tiger · #8 06-02-2006, 08:33 AM

Quote:

Originally Posted by Suby Fan

do what my friends with 15 some odd cars do... dont insure a single one of them! why? because with todays living expencises who can afford insurance... i cant... with my driving record last time i got a quote it was $2,700

that was after the good student discount! luckly i share the same name as my dad so insureance is more like 400 dollars ever 6 months

Sure, don't insure it. You might even like jail. Which is where you will end up in PA if you are involved in an accident involving an injury while uninsured.

AutoTchr · #9 06-02-2006, 08:40 AM

Quote:

Originally Posted by Suby Fan

do what my friends with 15 some odd cars do... dont insure a single one of them! why? because with todays living expencises who can afford insurance... i cant... with my driving record last time i got a quote it was $2,700

that was after the good student discount! luckly i share the same name as my dad so insureance is more like 400 dollars ever 6 months

Sorry not an option.

ensteele · #10 06-03-2006, 12:19 PM

Quote:

Originally Posted by Suby Fan

do what my friends with 15 some odd cars do... dont insure a single one of them! why? because with todays living expencises who can afford insurance... i cant... with my driving record last time i got a quote it was $2,700

that was after the good student discount! luckly i share the same name as my dad so insureance is more like 400 dollars ever 6 months

You may think you are insured, but if you ever need it, you would find out that there would be jail time, and no insurance coverage for you. Then you could pay the rest of your life.

That is why insurance is so high now - all of the drivers who don't have insurance.

ensteele · #11 06-02-2006, 08:38 AM

Quote:

Originally Posted by AutoTchr

I am calling around to insurance companies today. If I can't find anything I will be selling the SVX since I MUST have a truck. It seems to me that someone should have a policy for this case.

I have a friend that has 4 vehicles. I will ask him what he does. It seems insane to pay the same amount for a vehicle that is parked most of its life as one that is driven daily. The DRIVER should be insured not the car.

somehow this comes down to one word.....profit.

I have Farmer's Insurance. They allow me to insure them and then put them into storage which only cost about $10 per month and have full insurance. When I want to put one back on the road, I just call them and they make the changes. Hope this helps.

AutoTchr · #12 06-02-2006, 08:52 AM

Quote:

Originally Posted by ensteele

I have Farmer's Insurance. They allow me to insure them and then put them into storage which only cost about $10 per month and have full insurance. When I want to put one back on the road, I just call them and they make the changes. Hope this helps.

That's what I want.
I will call Farmers. I knew there was something like this available. AIG flatly denied that there was even such a policy.

Earl, Can this be done on a day by day basis?

Royal Tiger · #13 06-02-2006, 08:31 AM

Quote:

Originally Posted by Bipa

I think you've missed the part about registration. Many US states have a database of registered cars which is often updated directly by the insurance companies. If AutoTchr were to simply cancel his insurance, then the insurance company might even have to by law inform the DMV database. If no other insurance company updates the database saying the car is insured, then the registration gets revoked, the plates become invalid and you may even have to pay a fine for driving an uninsured vehicle.

That is exactly right. Damn you woman!!!!

#14 06-02-2006, 10:25 AM

Quote:

Originally Posted by Tigershark

That is exactly right. Damn you woman!!!!

So do I get any points like Robert, too?

Royal Tiger · #15 06-02-2006, 10:32 AM

I figured you'd appriciate that.