Thread: Tow Insurance
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Old 01-23-2024, 01:50 PM   #24
JayJay
Senior Member
 
Join Date: Jan 2020
Location: SF Bay Area
Posts: 1,152
Default Re: Tow Insurance

Quote:
Originally Posted by Gene F View Post
Ya know a full service insurance company may do themselves a favor by towing a car. Lets say a person buys a car at auction. They call the insurance company before driving home to start the coverage. Then on the way home the brakes fail, a tire blows out, whatever... Isn't a tow in certain circumstances cheaper.
Long term thinking, not a noted aspect of insurance companies. Years ago I asked my home insurance company if it would help direct costs or reduce my insurance premiums if I removed the likely asbestos-containing popcorn ceiling from my house. Nope, they'd take a chance on a way more expensive recovery if it burned or flooded.
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JayJay
San Francisco Bay Area

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1930 Murray Town Sedan
1931 Briggs S/W Town Sedan
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