I totally get the “peace of mind” thing, but I keep going back and forth on this. My first car isn’t worth much, so part of me feels like basic liability is enough. But then I read stuff like
and start second-guessing. Has anyone actually had to use their full coverage after an accident? Was it really worth the extra money, or did you end up paying more in premiums than you got back? I’m just worried about overpaying for something I might never use…“the out-of-pocket costs can be brutal”
Honestly, I’m in the same boat—my car’s not worth much either, so I keep questioning if full coverage is just overkill. Here’s how I’m looking at it:
- If your car’s value is low, the payout from full coverage after your deductible might not be that much anyway.
- On the flip side, if you can’t afford to replace your car out of pocket, even a small payout could help.
- I’ve heard stories where people paid for years and never used it, but also a couple where someone totaled their car and were glad they had it.
It’s tough to know what’s “right.” I guess it comes down to how much risk you’re comfortable with. You’re definitely not alone in second-guessing this stuff... insurance feels like a gamble sometimes.