I just purchased a second car. My 1st car has been and hopefully will continue to be my beater. I drive 100 miles a day going back and forth to work and if feasible would rather put the miles on the beater than on the new car. What can I expect from the insurance company in terms of price. Will I be paying double or do they lower the cost of the second? The depreciation from mileage of the new car is higher than what the old car is worth, which is why I'd rather just keep it for now but insurance costs might change that.
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