I totally hear you on this, and your story makes a lot of sense. But honestly, I'm still a bit skeptical about uninsured motorist coverage being worth it for everyone.
Here's my thinking: when you're young and broke, that extra $10 or so per month might seem small at first glance—but those little costs add up fast. I remember back when I was driving my old '84 Mustang (loved that car!), every penny mattered. Between gas, insurance, maintenance, and trying to keep it running smoothly...man, even ten bucks felt like a lot sometimes.
Also, isn't uninsured motorist coverage mostly useful if your car actually has decent value? If you're driving something that's barely hanging on—like many of us did in college—wouldn't you rather pocket that cash and put it toward repairs yourself if something minor happens? Or even save up for another cheap beater if things really go south?
Don't get me wrong, I get the peace-of-mind argument. But from what I've seen over the years, insurance companies are masters at upselling coverages by playing on our fears. I'd rather crunch the numbers myself and carefully consider how much my car is actually worth before automatically adding more coverage.
Maybe it's just me being stubborn (or overly optimistic?), but sometimes I wonder if we're too quick to accept these "small" monthly charges without really questioning whether they're truly necessary for our specific situations. Curious what others think about this—am I missing something important here?
"insurance companies are masters at upselling coverages by playing on our fears."
Yeah, totally get this. Drove a rusty '72 Nova through college—every dollar counted. Still, sometimes coverage can save your bacon...but you're right, gotta weigh if it's worth it for your situation.
True, insurance companies do lean on fear sometimes, but honestly I've seen enough fender-benders and parking lot mishaps over the years to know extra coverage isn't always just upselling. It's peace of mind—especially when you're tight on cash and can't afford surprises...
I get your point about peace of mind, but do you think it's always worth the extra cost? I mean, yeah, accidents happen—but how often are we really using that extra coverage? I've been commuting daily for years now, and honestly, I've saved a decent chunk by sticking to basic coverage and just being extra cautious. Sure, there's always that 'what if' lurking around, but isn't budgeting carefully and building an emergency fund another way to handle those surprises without paying higher premiums every month...?
"Sure, there's always that 'what if' lurking around, but isn't budgeting carefully and building an emergency fund another way to handle those surprises without paying higher premiums every month...?"
Yeah, I see where you're coming from—when I was younger, I thought exactly the same. But then one rainy night, my old Mustang skidded on a slick road and clipped a mailbox. Nothing major, thankfully, but the repair costs still stung. Emergency funds are great, but sometimes even minor fender-benders can drain them pretty fast. I'm still skeptical about overpaying insurance companies, but a little extra coverage isn't always wasted cash either...
