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