- 159
So my brother lives in New Jersey and he is about to finish law school in the spring. In November his car had a huge mechanical problem with the motor and it was too costly to fix. He doesn't need a car currently so he figured he'd get rid of his Auto insurance, the guys at Allstate told him not to do that because he'd have a gap in coverage and it wouldn't be worth it to cancel his insurance for 138 a month even though he doesn't have a car and isn't going to buy one till mid September! This sounds completely assinine, also the fact that he has low limits and liability only shows me that allstate is not competitive either. In addition he was involved in an accident last year and was rated, however there was Zero Damage and Zero payout. Cops came to the scene checked everything out and he still got a bump up in his insurance rate. I know here in California unless its over 750 its not DMV reportable.
I just wanted to cover my bases here, but it seems that he'd pay 1380 over the 9 months and if he doesn't own a car to get himself rated on he wont need insurance. Is there anything in NJ that would make this worthwhile?
Thanks!
I just wanted to cover my bases here, but it seems that he'd pay 1380 over the 9 months and if he doesn't own a car to get himself rated on he wont need insurance. Is there anything in NJ that would make this worthwhile?
Thanks!