Quote:
Originally Posted by Yogi
Good insurance will pay you money, and that’s as good as cash.
|
Ok, 1st find out book value on the Z28. The cost of collision may not be worth the value of the coverage. If the insurance company says it is worth $2000, you have a $1000 deductible and it costs $250 per year, well, that is really $750 in coverage. That value gets even worse every year.
My gut says liability only on the Camaro & truck, and whatever insurance is required on the bike (lien holder likely requires comp & collision). I run higher than minimum liability limits because I want to be able to afford to smash into a Ferrari. In my case if the car insurance runs out my house is next in line.
How’s the license? Points? Accidents/insurance points?
See if you can get in at NJM. Try all the names, NJ Cure, Geico, etc. See who has what to offer. Ask questions. Compare answers.