An older car may be cheaper to insure than a newer one if you choose to no longer carry full coverage or endorsements like new car replacement coverage.

According to ValuePenguin, if your vehicle is 10 years old or older, you may be paying too much for insurance if you have comprehensive or collision coverage.

15 сент. 2023 г. · When your car is about 10 years old, it's usually a better deal to switch from full coverage to liability-only car insurance.

Auto insurance for older cars may be cheaper than insuring newer vehicles of the same make and model if the used car is cheaper to repair or replace.

2 янв. 2023 г. · Depends what the car is worth and what the excess would be. If it's a £600 car, fully comp insurance is £150 extra and the excess would be £500 then fully comp ...

Comprehensive car insurance is necessary as it will financially and legally cover you and your old car during uncertain contingencies.

13 дек. 2023 г. · Erie and Westfield have the cheapest car insurance for most older cars, but you may need classic car insurance if your older car is a collectible.

Оценка 4,8 (1 449) The minimum insurance amount in India for a 10 year old car is Rs. 500,000. This amount will cover the car from fire and theft risks. Insurance is an important ...

Even without comprehensive or collision coverage, you'll need to pay for other coverages on your older car, such as liability, that are required by state law.

If your vehicle is older than 5 years, worth less than R125 000 and not financed, Essential car insurance could be the cover for you.