Automotive

I've owned more cars than years insured...

  • Last Updated:
  • Nov 10th, 2015 10:27 am
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Jul 22, 2006
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I've owned more cars than years insured...

0 tickets
1 at fault accident
1 not at fault accident
0 criminal charges or demerit points

How does constantly flipping cars affect your insurance premium?
17 replies
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Jul 30, 2007
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different car, different class rating as based on many variables such as theft rate, cost to repair, etc
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booblehead wrote: different car, different class rating as based on many variables such as theft rate, cost to repair, etc
so a broker won't give a crap?
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Aug 5, 2011
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YF
BTW, I may have just found out what is the cheapest car to insure, Tesla Model S, highest insurance rating.
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Oct 6, 2010
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I was expecting an AMA.
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Dec 18, 2011
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IMWHFMPC wrote: BTW, I may have just found out what is the cheapest car to insure, Tesla Model S, highest insurance rating.
Doubt it. Just the cost alone puts it in a higher bracket.

Cheapest vehicle is a Jeep Wrangler.
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PozzyD wrote: Doubt it. Just the cost alone puts it in a higher bracket.

Cheapest vehicle is a Jeep Wrangler.
Wow good to know, Wrangler is $160 vs model S $178 for me
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Aug 11, 2008
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it doesn't,rates are based on the actual vehicle not the fact that you change them continuously
george__ wrote: 0 tickets
1 at fault accident
1 not at fault accident
0 criminal charges or demerit points

How does constantly flipping cars affect your insurance premium?
RIBO LICENCED INSURANCE BROKER, over 35 years experience
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Aug 11, 2008
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nope, shouldn't unless you're doing it weekly or monthly... .can be alot of paper work on our end.....
george__ wrote: so a broker won't give a crap?
RIBO LICENCED INSURANCE BROKER, over 35 years experience
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Nov 2, 2014
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george__ wrote: so a broker won't give a crap?
Not at all.

Unless you run into a sleazy broker that charges an administrative fee for transactions.

There are actual brokers out there that charge $50 a pop to update a policy, and they get away with it (mind you, the client signs off on it so it is completely legal).

Find a broker and be upfront with it, and ensure they do not charge any admin fees, regardless of how many times you update your policy.
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Oct 18, 2015
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Hamilton, ON
george__ wrote: 0 tickets
1 at fault accident
1 not at fault accident
0 criminal charges or demerit points

How does constantly flipping cars affect your insurance premium?
george__ wrote: so a broker won't give a crap?
They might start to ask why you keep changing vehicles, thinking you may be in the business of buying / selling vehicles, which would require a different kind of insurance
INSURANCE BROKER(RIBO)
To receive advice about your specific situation, please speak directly to your insurance broker or company
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Aug 11, 2008
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can't believe some do this.... crazy
RobertSmalls008 wrote: Not at all.

Unless you run into a sleazy broker that charges an administrative fee for transactions.

There are actual brokers out there that charge $50 a pop to update a policy, and they get away with it (mind you, the client signs off on it so it is completely legal).

Find a broker and be upfront with it, and ensure they do not charge any admin fees, regardless of how many times you update your policy.
RIBO LICENCED INSURANCE BROKER, over 35 years experience
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could sound like a car dealership .... buying and selling .....
dbesinsurance wrote: They might start to ask why you keep changing vehicles, thinking you may be in the business of buying / selling vehicles, which would require a different kind of insurance
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Apr 30, 2015
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SaskBerta
UrbanPoet wrote: i want to countnow!
94 Toyota Corolla
97 Lexus ES300
00 Lexus GS300
01 Lexus IS300
06 Lexus RX330

Same here... almost 1 car for every year insurance...
I started driving with my ghetto manual everything corolla... roll up windows and NO AC! hah. That was in 2009
According to RFD you should have never upgraded from that Corolla. Was it beige?
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Sep 5, 2014
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I've owned more cars then years licensed.. and almost as many years as I've been alive.
turn 45 on friday, I've had 43 vehicles.
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:cool:
mudgts wrote: I've owned more cars then years licensed.. and almost as many years as I've been alive.
turn 43 on friday, I've had 43 vehicles.
RIBO LICENCED INSURANCE BROKER, over 35 years experience

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