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Car Forum / Driving, Maintenance, Tuning / Driving / June 2006any insurance company honoring duration of foreign licence held?
Hi - I have had a U.S. licence for 2.5 years, and geico insurance is killing me - they say i need to hold a U.S. license for 3 years before i can get reasonable rates. Now moving to nyc, i realized that my $600/six mo insurance will go to $900 - more than i can afford. Anyone know any auto insurance company that honors foreign licence? I have had one for 15 years. Thank you, Pratyoosh > Hi - > I have had a U.S. licence for 2.5 years, and geico insurance is killing [quoted text clipped - 4 lines] > Anyone know any auto insurance company that honors foreign licence? I > have had one for 15 years. Probablly the best thing for you to do would be to find an independant insurance agent in your area and tell him what you need and what your situation is. They would probablly do better for you than GEICO will (GEICO has to get the money to pay for all those ads from somewhere...). > Hi - > I have had a U.S. licence for 2.5 years, and geico insurance is killing > me - they say i need to hold a U.S. license for 3 years before i can > get reasonable rates. Now moving to nyc, i realized that my $600/six mo > insurance will go to $900 - more than i can afford. You don't need insurance or a car in NYC. Certainly, you can go for six months without one until your rate drops. If you think $900/half to drive is bad, wait 'til you find out how much it'll cost you to *park* a car there. -- C.R. Krieger "Ignore 'em, m'dear; they're beneath your dignity." - W.C. Fields > > Hi - > > I have had a U.S. licence for 2.5 years, and geico insurance is killing [quoted text clipped - 10 lines] > C.R. Krieger > "Ignore 'em, m'dear; they're beneath your dignity." - W.C. Fields That is about what i'm paying now... and I've held a license for 16 years! nate unless you are driving an expensive car (I bought mine for $5,500), maybe you should have a look at another insurance company :-) I believe insurance is one of the biggest scams in the country. Warren Buffet and others made a killing out of this... Pratyoosh > unless you are driving an expensive car (I bought mine for $5,500), > maybe you should have a look at another insurance company :-) [quoted text clipped - 3 lines] > > Pratyoosh undoubtedly. however I don't think they're ripping me off (well, I *do think they're ripping me off) relative to other companies... I've gotten slightly better quotes for my one "real" car (an old beater Porsche) but most companies won't touch my "historic" vehicles ('55 and '62 Stude; but the '62 is sold and I will try to run the '55 through inspection soon...) nate  Signaturereplace "fly" with "com" to reply. http://home.comcast.net/~njnagel > unless you are driving an expensive car (I bought mine for $5,500), > maybe you should have a look at another insurance company :-) > > I believe insurance is one of the biggest scams in the country. Warren > Buffet and others made a killing out of this... Wait until you have a wreck and discover that your 15/30/5 coverage doesn't come close to paying $70k to replace two or three cars and another $40k or so in medical bills. If you have a house, you lose it. If not, your wages get garnished for the rest of your life. Enough insurance will protect you from this. Why do you call that a scam? >> unless you are driving an expensive car (I bought mine for $5,500), >> maybe you should have a look at another insurance company :-) [quoted text clipped - 5 lines] >doesn't come close to paying $70k to replace two or three cars and >another $40k or so in medical bills. No matter what the coverage, you can always find a scenario which blows it. Hit a tanker truck in a covered portion of a highway... >> Wait until you have a wreck and discover that your 15/30/5 coverage >> doesn't come close to paying $70k to replace two or three cars and >> another $40k or so in medical bills. > No matter what the coverage, you can always find a scenario which > blows it. Hit a tanker truck in a covered portion of a highway... Somewhat true, but if that tanker is carrying dangerous cargo, you won't need to worry about having enough insurance. Your heirs might... > Wait until you have a wreck and discover that your 15/30/5 coverage > doesn't come close to paying $70k to replace two or three cars and > another $40k or so in medical bills. If you have a house, you lose it. > If not, your wages get garnished for the rest of your life. > > Enough insurance will protect you from this. No it won't. But a bankruptcy will - unless you were drunk. -- C.R. Krieger (It's what I do) >> Wait until you have a wreck and discover that your 15/30/5 coverage >> doesn't come close to paying $70k to replace two or three cars and [quoted text clipped - 4 lines] > >No it won't. But a bankruptcy will - unless you were drunk. Sure, provided you arrange to be fired first. Otherwise you're a slave for the rest of your life, either by garnishee or by Chapter 13. Isn't that what the Bankruptcy Act Reform Bill provided? Thanks for the reply! Parking is not that bad... $200 - $375 is I have seen. I pay $250 for parking in my building chicago. best, Praty > You don't need insurance or a car in NYC. Certainly, you can go for > six months without one until your rate drops. 6 months without a car and without car insurance has been known to put people in the 'high risk' group. (previous threads in this groups) |
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