Let's say you paid for a new car in cash. At what point would you not bother with having full coverage?
I'm scratching my head on how I figured it, but when the value of the car gets around $4000 I go down to whatever legal minimum amount of insurance I can get by with.
What's auto insurance? I don't have any... 8O
I have truck insurance and motorcycle insurance
I have truck insurance and motorcycle insurance
I guess when the you don't want to replaced it or can afford to replace it.
Why take the risk for a few years if the car can be fixed good as new.
Why take the risk for a few years if the car can be fixed good as new.
Assuming you mean full coverage for collision, probably when the value dropped below 5K.
Even if you have a POS, you should carry as much liability and UM as you can afford.
Even if you have a POS, you should carry as much liability and UM as you can afford.
Assuming you mean full coverage for collision, probably when the value dropped below 5K.
Even if you have a POS, you should carry as much liability and UM as you can afford.
No doubt on the UM....
Even if you have a POS, you should carry as much liability and UM as you can afford.
No doubt on the UM....