Cheap Auto Insurance — Don’t Pay For Any Of These Two Unless It’s Considered A Classic

I’ll discuss one guaranteed step that will make you eligible for a big discount and cheap auto insurance: If you have collision and/or comprehensive for an old car which isn’t a classic, then you’re paying way more than you should. The logic for this is that insurers base the compensation they pay on what is referred to as the Kelly Blue Book value of your vehicle at any given point in time. This means that without considering how much you’ve paid and for how long you did, you may get nothing if this book declares your vehicle is worth nothing when you make a claim.

Do the right thing and drop both from your car insurance policy. You will save much that way.