Second Commuter Car Insurance?
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Joined: Feb 2005
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From: Chicago, IL (Western burbs)
Second Commuter Car Insurance?
I noticed a lot of people are buying second cars just to drive to work and back. The insurance for the G by itself isn't cheap, how much more did your insurance go up if you added a second "cheap" car to commute with?
Registered User
Joined: Jul 2005
Posts: 191
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From: Ann Arbor, MI
I just looked into it. I'm 22 with a clean record and to pick up a cheap Miata to commute to work would cost me ~$400 more for full coverage over 6 months.
In the end though. I bought the G to drive it - and thats exactly what I am going to do!
In the end though. I bought the G to drive it - and thats exactly what I am going to do!
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Joined: Mar 2005
Posts: 89
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From: Seattle, WA
This is a tough question to answer because, in the end, rates can vary radically from one driver to the next. Whatever somebody posts here is unlikely to be an accurate reflection of what your rate will be. This is because rates are based heavily upon location, insurance score, age, marital status, education, homeownership, type of car, etc. Unless you find someone that matches you in all the above categories AND is with the same insurance company you can't gain much from what they tell you.
If you want a pretty good estimate at the cost difference, find a VIN in the paper for the kind of car you considering. Give your insurance company a call and see what the additional cost will be. Make sure they put the G as pleasure use only, reduce the total annual miles on it.
What I can tell you is that, with a number of companies, adding second car can be very low cost as the result of a multi-car discount. This discount would kick in if you were adding a second car to a single car policy. The cool thing about it is that it applies to both cars and it can be as high as 10 to 15%. Example: You currently have a G with full coverage and you're paying $600 every six months. You add an old car with only liability coverage @ 200 every six months. Once the discount is applied to both cars you end up paying 540 for the G and 180 for the old car. Single car total = 600 Multi-car total = 720. That means you're only paying another $120 to insure an extra car.
The above is a gross oversimplification that can be thrown off if there are other drivers in the household, etc. but you get the idea.
If you want a pretty good estimate at the cost difference, find a VIN in the paper for the kind of car you considering. Give your insurance company a call and see what the additional cost will be. Make sure they put the G as pleasure use only, reduce the total annual miles on it.
What I can tell you is that, with a number of companies, adding second car can be very low cost as the result of a multi-car discount. This discount would kick in if you were adding a second car to a single car policy. The cool thing about it is that it applies to both cars and it can be as high as 10 to 15%. Example: You currently have a G with full coverage and you're paying $600 every six months. You add an old car with only liability coverage @ 200 every six months. Once the discount is applied to both cars you end up paying 540 for the G and 180 for the old car. Single car total = 600 Multi-car total = 720. That means you're only paying another $120 to insure an extra car.
The above is a gross oversimplification that can be thrown off if there are other drivers in the household, etc. but you get the idea.
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Tolboothwilley™
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Jul 28, 2016 12:42 AM
