I need some advice. My vehicle is valued at 5.5 mil. I got full cover and I pay around 1 lak premium.
I don't drive often or do long trips. Out of 10 years of driving i never got in to any major accidents, just scratches and dents only. So the repairs cost me very less than what I pay for insurance. I want the full cover but I'm considering to lower the value of my vehicle to reduce the premium.
Do you think that's a good option?
Are there any consequences reducing the value?
Will there be any issues when I claim for minor accidents?
Officially joined the thel-hinganna normie horde with ....drumroll... a 2025 Vezel... I am eagerly anticipating joining the 'thel keeyak karanawada' debates at almsgivings.
Recently, got the opportunity to see and get inside of The one and only Japanese V12, Toyota Century(a.k.a Japanese Rolls Royce). Is it really upto Rolls Royce standards? Nope, I don't think so. Items like Switches and mirror housings are in plastic. But, we can be assured that the dashboard will not light up like Christmas and would run forever....
...and just like that from having parking space issues a few month's back I'm car-less.
The cost of renting something for a month or two (even more - personal imports have been quite messy of late) made me wonder if it actually makes sense to buy a quickly disposable car and get rid of it in a couple of months - but it seems the 'popular' models aren't moving. A few messages to sellers (registered owners) on marketplace resulted in them sending me daily price reduction updates.
Sleepless nights have begun. I'm twisting between SL320 and SL500. Should I just pay additional 2000 euros more and go for the SL500 and go broke or settle with a SL320?
Question
GoDDy
I need some advice. My vehicle is valued at 5.5 mil. I got full cover and I pay around 1 lak premium.
I don't drive often or do long trips. Out of 10 years of driving i never got in to any major accidents, just scratches and dents only. So the repairs cost me very less than what I pay for insurance. I want the full cover but I'm considering to lower the value of my vehicle to reduce the premium.
Do you think that's a good option?
Are there any consequences reducing the value?
Will there be any issues when I claim for minor accidents?
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