I get the logic behind keeping insurance for the big stuff, but honestly, I’ve started leaning the other way. After years of paying for comprehensive, I finally dropped it and just kept liability. My commute’s short and my car’s not worth much anymore. When I did the math, even if something happened, the payout wouldn’t cover much after the deductible. I’d rather put that money into my own repair fund—at least then I know where it’s going. Not saying it’s for everyone, but for older cars, it might be worth reconsidering how much coverage you actually need.
That’s a pretty practical approach, especially if your car’s not holding much value these days. I’ve done something similar in the past—kept liability on my old sedan once it hit a certain age. Like you said,
It’s a bit nerve-wracking at first, but having a repair fund does give some peace of mind. Just takes a little discipline to actually set that money aside each month. For newer cars or longer commutes, I’d probably stick with more coverage, but for older vehicles, it makes sense to reevaluate.“the payout wouldn’t cover much after the deductible.”
Honestly, I get the logic, but I’m not convinced dropping coverage is always worth the risk. Out here, even a minor fender bender can cost way more than you’d expect. I’d rather pay a bit extra for peace of mind, especially with all the unpredictable drivers on these roads. Maybe I’m just paranoid, but I’ve seen too many folks regret going barebones after one bad day.
Yeah, I hear you on not wanting to risk it. Here’s where I’m at:
- Last year, some guy rear-ended me at a stoplight. Not even a big hit, but the bumper and sensors? Over $2k easy. If I’d dropped coverage, I’d be eating ramen for months.
- People drive wild out here. I’ve seen folks texting, eating, even changing shirts while driving. Not kidding. It’s like every day is a new episode of “What Could Go Wrong.”
- I get the appeal of saving cash—insurance isn’t cheap here. But honestly, the one time you need it, you’ll wish you paid the extra $20 a month.
- Had a coworker who went barebones to save money. First rainy day, hydroplaned into a parked car. No coverage for his own ride, so he was stuck taking the bus for weeks.
- Maybe it’s just bad luck or maybe it’s just how things go on these roads, but I’d rather not gamble with my car.
I don’t love paying for stuff I might not use either, but after seeing how quick things can go sideways, I’m not dropping my coverage anytime soon. Just not worth the headache for me.
I get the appeal of saving cash—insurance isn’t cheap here. But honestly, the one time you need it, you’ll wish you paid the extra $20 a month.
Totally get where you’re coming from. I’ve thought about dropping down to liability only a few times, but every time I see someone cut across three lanes with no signal, I remember why I keep the full coverage. It’s just not worth the risk, especially when you’ve got family to think about. The roads out here really do keep you on your toes... not the place to gamble with your ride.