I get where you’re coming from, but I’ve seen people regret skipping collision/comp when their “not worth much” car gets totaled and they’re left with nothing. Is there a price point where you’d actually drop full coverage, or is peace of mind always worth it?
Title: Choosing Between Basic Liability and Full Coverage for Your First Car—What Did You Go With?
Honestly, I get the peace of mind thing, but for me, there’s a point where it just doesn’t add up. Like, if my car’s worth less than my phone, I’m not paying extra every month to “protect” it.
- If the premium + deductible is more than what I’d get back, I’d rather risk it.
- My last car was basically held together by duct tape and hope... full coverage felt like insuring a sandwich.
- I’d rather save that cash for repairs or, you know, snacks.
But yeah, if you’re super unlucky or live somewhere with wild drivers, maybe it’s worth it? For me, I’ll take my chances and keep my wallet a little happier.