For example, check out the difference between the costs of
insurance on a brand new car, vs. one that has been used for test drives.
Not exact matches
If you want to save money
on plates and
insurance, buying an older
car (or at least one that isn't
brand new) should help.
Anthony had a comprehensive
car insurance policy
on his
brand new V8
car.
Many people are appalled at the Nevada
car insurance premiums they must pay
on brand new vehicles.
For example, if a
car is older and is not driven much, the
insurance requirements may be different when compared to people who have
brand new cars that they drive
on their daily commutes.
For example, if you purchase an auto
insurance plan with zero depreciation add -
on for your
brand new car in a semi-urban locality, you would have to pay 3 percent to 5 percent less as compared to purchasing the exact plan in a metro.
Therefore, if a person totaled a
brand new car insured by an
insurance policy
on a replacement cost valuation, although the
insurance company will pay for the full value of the
car, they must deduct the amount indicated in the deductible portion of the policy.