by Guest » Tue Sep 12, 2006 05:08 am
Hi..I've an old car and thats the reason I'm thinking of getting a sort of Auto-flood insurance ever since the Katrina and Rita floods ! Am I going wrong somewhere ?? Would this really be of any help to me !
Posted: Tue Sep 12, 2006 05:37 am Post Subject:
hey ! I'm almost certain that the only insurance that you'd need at this time is a liability insurance. This would surely help you towards protecting from bodily injuries as well as from harming any property that belongs to someone else and damages to your property caused by other people. Wish you all the very best that the industry has !
Posted: Tue Sep 12, 2006 06:24 am Post Subject:
my friend, some of the forthcoming losses, that you might encounter in the near future could prove a bit more expensive irrespective of your car's age. For instance if you'd try to get a windshield pass a safety test then the deductibles might vary between zero and $250.
Thus a rise in your worth of deductible, effects a fall in the premium that you need to pay. This clearly establishes that if you pay the initial $250 of your deductible then the policy would cover the rest of it. take care, R.Ziegler
Posted: Tue Sep 12, 2006 06:54 am Post Subject:
Its perfectly alright Jim!
But if you'd like to engage a comprehensive policy to your liability policy for this vehicle or any other one, then you need to keep a track of the comprehensive coverage with the same importance with which you note your collision coverage.
Believe me, its absolutely natural that the policy holders would maintain a relatively cheaper comprehensive on a vehicle as it becomes older.
regards, Fatman
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