Glyco Boy Blog

I’ll give you a guaranteed step that will make you qualify for a big discount or qualify for cheaper auto insurance quotes: If you maintain collision and/or comprehensive for an old car which is not a classic, then you’re spending way more than would do you any good. A vehicle’s Kelly Blue Book value at the time of making claims (and not the value of the vehicle when you bought it) is what determines what you will be reimbursed by an insurer. This shows that without respect to how much you paid and the number of years you did, you may get nothing if this book says the vehicle is not worth anything when you make a claim.

So, do the right thing and leave out these coverage types from your policy for all old vehicles. If you do this you’ll save a lot.