Cost of insuring 3'rd car in a 2-person household (a lot or a little?)

S0meGuy wrote: ↑Am I out of line thinking that this third car is really no extra liability to the policy (2 people can't drive 3 cars simultaneously) so this 3'rd car should cost way less to insure?

S0meGuy wrote: ↑ Two person household, London Ontario (if that makes a difference). I've acquired a 3'rd vehicle and for maybe the next 2 months I want to be able to drive all of them until I park one of them for the winter. I've been with State Farm (now desjardins) for over 25 years. I called my agent to get an idea of what it would cost to add the third vehicle (liability only). Was told about $65/month. The other 2 vehicles cost about $70/month each. Am I out of line thinking that this third car is really no extra liability to the policy (2 people can't drive 3 cars simultaneously) so this 3'rd car should cost way less to insure? Anyone else in the same boat, but paying a lot less to insure a third vehicle?

S0meGuy wrote: ↑ Anyone else in the same boat, but paying a lot less to insure a third vehicle?

ES_Revenge wrote: ↑ Your insurance is dirt cheap as it is lol. $70/month per vehicle??? I dunno man doesn't really matter if you have to pay a full $70 more for the third, that's nothing IMO! I'm guessing it's a combination of cheap London insurance rates along with you are probably like 50+?

I have the same issue as you but I'm just one dude with two cars. I'm essentially paying double what it costs for one car, and my one car rate is already way more than your two cars so yeah, I can't imagine how unfair you'd think things were if you lived in the GTA

Also good luck with that "two more months" until winter bit...I'm pulling my insurance on my summer vehicle at the end of this month. Doubtful November is gonna be "summer driving" weather, lol. Esp. with all the rain we've been having which will undoubtedly turn to snow in the near future

peteryorkuca wrote: ↑ Usually insurance companies allow to park/standby/fire theft only on secondary vehicles every 45 days for the new rate to apply.

Why not pay $100 a year on parked cars and switch out the 3rd car every 45 days?

S0meGuy wrote: ↑ I have a 21 year old 300m and almost 20 year old ram. The milage on them works out to about 12k km/year on the 300 and 3.6k km / year on the truck. The third car is an '04 300m (about 100k less milage and in great shape). If I had a 3 or 4 car garage then I might have a nice / classic summer-only car but this is not Kalifornia and I have better things to do with my time than drive around joy-riding in a pampered car. The insurance is about $850 - $900 a year each. Lowest liability (I think $500k) no collision.

So for the time being I will get this 3'rd car insured so I can do a few things with it. I'm hauling leaves and crap with the truck now, soon the fall home maintainence will be done and I can park the truck in the garage for the winter and then have both 300's for winter driving. I'll be taking all insurance off on the truck - don't know why I'd need fire/theft, I don't care if it's only $100 a year. My house was insured with State Farm since I bought in 1999 (fully paid off in 2004) but the premium was creeping up about $30 a year about 5 years ago. I looked at the policy and wanted to just insure the house against damage of any kind, no content insurance, no liability insurance, but apparently nobody sells house insurance like that so I said screw it, cancel the house insurance. Insurance is a crock. I refuse to pay into a north-american insurance pool to pay for all the stuff that happens to other people's homes (hurricane, flood, tornado, earth quake, social anarchy, etc). Here in London ontario, nothing ever happens (ok sometimes someone drives into the gas meter and blows up a neighborhood but that ain't gonna happen at my place).