there’s so many people that own 5+ shitboxes, but there’s no way they’re paying over a grand a year to insure all of them. is there something where you pay less to add on a car? obviously you can’t drive all 5 at once, so is there something where like only one at a time is covered for collisions, and the rest only if like a tree falls on them while parked? asking bc I’d like to be one of those people that own 5+ shitboxes. thanks :)

26 points

Yeah you get fairly large discounts on extra vehicles, the logic being that you’re only driving one at a time and so collision and liability coverage costs only go up a little for each extra vehicle.

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9 points

This. Liability on Shitbox #1 is about $110 for me, but none of my other cars (about five) cost more than $20/month on top of that. I usually only have one or two on my policy a year though, no idea how it actually scales when they’re all active

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24 points
*

‘shitboxes’ often don’t have comprehensive or collision coverage, just liability–the cost of which is mostly based on who is driving, not what.

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13 points
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Others mentioned multi car discounts, but you can also suspend coverage on a vehicle and restart, or have a low mileage policy that restricts the amount and type of driving. Different carriers will offer different options.

Edit: and old inexpensive vehicles driven infrequently are often relatively cheap to insure.

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1 point

There’s also liability only, where you don’t actually insure the car- just the damage you cause. On my beaters, after i get enough saved again for the next down payment I go to liability only; and I keep making “car payments” to myself for when it inevitably breaks down.

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5 points

You can get a quote to add an additional vehicle before buying it. I suggest you do that.

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4 points

Liability only is dramatically cheaper, and older vehicles cost less. My motorcycle is $90 a year, whereas my Model 3 and my wife’s CX-5 is $3600 a year combined.

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