Yeah, I see your point, but honestly it depends on your comfort level and the car itself. If it's something older or not worth a ton, collision might not even pay out enough to justify the cost. I dropped mine on an older Mustang I had, but I did stash away a bit each month just in case... thankfully never needed it. How old's your car anyway?
"If it's something older or not worth a ton, collision might not even pay out enough to justify the cost."
Exactly this. A few quick thoughts from the insurance side:
- If your car's pushing 10+ years or has high mileage, collision coverage often isn't worth it. The payout after deductible can be disappointingly small.
- But don't skip liability or uninsured motorist coverage—Illinois roads can be unpredictable (Chicago potholes, anyone?).
- Setting aside a bit each month for repairs is smart. Better safe than sorry... trust me, I've seen some wild claims.
Totally makes sense. Ever done the math to see how much you're actually saving by dropping collision? I ran the numbers recently on my old Civic, and honestly, after factoring in the deductible, payout would've been peanuts. I just stash a little away each month instead. And yeah, Illinois roads can be brutal—hit a pothole last winter that nearly swallowed my tire... liability and uninsured are non-negotiable for me.
"I just stash a little away each month instead."
That's a fair approach, but honestly, it assumes you'll have enough saved up if something unexpected happens. I get the logic behind dropping collision on older cars, but I've seen firsthand how quickly repair costs can spiral—even minor fender benders aren't cheap these days. Personally, I'd rather pay a bit extra upfront for peace of mind, especially with Illinois winters and potholes lurking everywhere... but to each their own.
That's a fair approach, but honestly, it assumes you'll have enough saved up if something unexpected happens. I get the logic behind dropping collision on older cars, but I've seen firsthand how ...
I get your point about repair costs, but have you run the numbers on collision coverage lately? I did a quick calculation last renewal, and honestly, the premiums over a couple years added up to more than my car's worth. Sure, Illinois winters are brutal, but if your car's older and already depreciated, isn't it smarter financially to just pocket that cash instead? I mean, how often do you realistically expect a major accident versus minor scrapes and dings...?
