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Old 03-30-2023, 11:52 AM   #61
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Originally Posted by wmc1000 View Post
Just called our auto insurance agency.

Traded in our 2011 Honda CR-V for a 2018 Lincoln MKX and expected a significant cost increase. Woman who took my call let me know the annual cost would go down [emoji50] because of all the safety features on the new vehicle!

Paid $697 for 2 cars, also have a 2003 Oldsmobile Aurora and the new annual premium will be $459 [emoji2148] and we will get $99 refund on the current policy and receive a rate lock on the renewal in August.
20+ years ago we were considering trading our almost-new Camaro for a new Corvette. When I asked our State Farm agent about insurance cost, he said our premiums would stay the same; the Corvette would cost more to fix or replace but the likelihood of actually having to fix or replace anything had gone down. And less likelihood of having to pay liability claims. He said something about Camaros with young guys with big gonads and small brains.
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Old 03-30-2023, 01:01 PM   #62
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Join Date: Jan 2018
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Originally Posted by Gearhead Jim View Post
20+ years ago we were considering trading our almost-new Camaro for a new Corvette. When I asked our State Farm agent about insurance cost, he said our premiums would stay the same; the Corvette would cost more to fix or replace but the likelihood of actually having to fix or replace anything had gone down. And less likelihood of having to pay liability claims. He said something about Camaros with young guys with big gonads and small brains.
Yeah plus many Corvettes are bought by middle aged guys, who don't take as many risks.
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