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 :)
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.
Funny, I’ve asked this exact question multiple times, and the answer I always get is that you just get fucked. You pay full price for the first vehicle, and then 90% of full price for every extra one.
Maybe it’s Georgia? I carry the minimum for the state (Liability + Collision), but then bump the Liability because I now live in a high cost of living area. So if I’m in a wreck, I get nothing, but the other guy gets a nice check for his car and his medical bills are covered.
My car insurance would be WAY cheaper for me to just drive one of my shitboxes 100% of the time than it is to split my mileage across four vehicles. But I make it up by being pretty handy. When one of them breaks, I have multiple other cars to drive while I wait for parts in the mail. So I’d still say I come out slightly ahead as far as costs go, but most of my ‘savings’ go straight to the insurance company.
Older cars have lower rates. You can drive a fifteen year old POS and get full coverage for $20.
It’s simple. They don’t insure them. Lmao
It’s about $80/month each for me. I’ll usually keep two deactivated while they are parked in the barn. I’ll have two active, and the other two are either waiting for me to repair them, or waiting till the other two break down. Sucked that one time I had three down at the same time…