I've been dragging my feet on purchasing a new SUV, at this point I'm still undecided if I should pull the trigger on a new LC. I have a good line on a 2005... a dealer jumped on my first offer of $500 over invoice.
But after inquiring with AAA on insurance cost.... well, I don't know what to think. I have an excellent driving record, I'm 49 years old and only drive 10K miles per year... 4 miles to work each way. I've been with AAA for 30 years.
Here's the quote ($100 deductable, $100K/$300K/$50K full coverage policy, good driver discount, etc.):
Land Cruiser only: $2,400 per year
LC + '91 Jeep Cherokee (primary): $2,200 per year
AAA tells me the reason is due to the "code" on the LC... insurance is higher than other SUVs because of replacement cost (I'm assuming due to low depreciation, high resale) and the amount of damage sustained to the other vehicle if I hit someone.
Maybe AAA's statistics are indicating I'm due for an accident? My vision is starting to wane, I can't judge the apex's like I did in my 20's.... I do sit on the pot more now that I'm approaching 50.
???
But after inquiring with AAA on insurance cost.... well, I don't know what to think. I have an excellent driving record, I'm 49 years old and only drive 10K miles per year... 4 miles to work each way. I've been with AAA for 30 years.
Here's the quote ($100 deductable, $100K/$300K/$50K full coverage policy, good driver discount, etc.):
Land Cruiser only: $2,400 per year
LC + '91 Jeep Cherokee (primary): $2,200 per year
AAA tells me the reason is due to the "code" on the LC... insurance is higher than other SUVs because of replacement cost (I'm assuming due to low depreciation, high resale) and the amount of damage sustained to the other vehicle if I hit someone.
Maybe AAA's statistics are indicating I'm due for an accident? My vision is starting to wane, I can't judge the apex's like I did in my 20's.... I do sit on the pot more now that I'm approaching 50.
???
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