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Re: Inflation and Insurance
[Re: hunterbuck]
#4126602
05/04/24 02:52 PM
05/04/24 02:52 PM
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Joined: Jan 2001
Posts: 12,428 Birmingham
wew3006
OP
Booner
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OP
Booner
Joined: Jan 2001
Posts: 12,428
Birmingham
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the vehicles are depreciated in value 2 more years. Depreciated values on vehicles means nothing for insurance. Parts and labor don't get cheaper to fix your vehicle the older it gets. I know it's nor big component; but replacement costs less. Let me go replace a $15k vehicle with a $60k vehicle; and the rate will for sure go up. And; that;s what I am about to do.
Last edited by wew3006; 05/04/24 02:54 PM.
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