Been thinking lately about my car insurance situation after a friend of mine had a fender bender. He had liability only, and now he's stuck paying for repairs outta pocket. Got me wondering if maybe I should switch things up. I've been with State Farm for a few years now, always had full coverage 'cause, you know, just in case. But honestly, I've never really needed it (knock on wood!), and sometimes it feels like I'm just throwing money away every month.
On the other hand, seeing my buddy scrambling to cover repair costs kinda makes me rethink the whole liability-only route. Guess I'm torn between saving a bit each month or having peace of mind if something does happen. Anyone else been through this kinda decision? Curious how you decided and if you regretted it later down the road...
Went through something similar a couple years back. Here's what helped me: first, figure out your car's current value—if it's older and not worth much, full coverage might not even pay off in an accident. Then, look at your savings—could you comfortably handle repairs or replacing your ride if things went south? For me, having the peace of mind was worth it, even though nothing major's happened yet (fingers crossed). But everyone's situation is different, so crunch some numbers and see where you're at.
Good points, but honestly, even if your car's not worth much, liability alone can leave you stuck if something unexpected happens—like theft or weather damage. Learned that the hard way when a storm dropped a tree branch on mine...worth considering comprehensive at least.
"Learned that the hard way when a storm dropped a tree branch on mine..."
Yeah, weather can be brutal. Had a similar wake-up call a couple years back—parked my old beater outside overnight, woke up to find someone had sideswiped it and vanished. Liability didn't cover a penny. Still skeptical about comprehensive though...anyone know if it significantly bumps premiums even on older cars? Might be worth it if it's not too steep.
Had a similar moment myself—hailstorm turned my hood into a golf ball. Comprehensive isn't usually too bad on older cars, but step one: ask your agent for a quote. Step two: weigh that against your car's value...step three: cross fingers and hope Mother Nature chills out next season.
