Quote:
Originally Posted by upallnight
On the subject of insurance, has anyone here have an insurance policy that you pay base on the mileage you drive per month? I'm thinking of switch to one because of the fleet of cars that I own and the policy is base on the fact that you do not drive all the cars at one time. You paid a monthly fee per car plus anywhere between 1-10 cents per mile. The rate per miles is base on the type of car that is being driven. So for any of my Lotus the rate per mile will be 6 cents whereas the rate for the X5 will be 2.9 cents per miles. According to the quote that I received my annual fee will be $350.00 which is $700 less than what I am paying now for the entire fleet for the year.
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Are your Lotus vehicles 20 years or older? I was looking at your signature of vehicles and those 1970 Lotus should be under a classic car policy o better capture their worth vs a traditional insurance policy.