Thread: Car Insurance
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Old 01-22-2006, 06:32 PM
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ChillPhatCat ChillPhatCat is offline
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Default Re: Car Insurance

It's basically just gambling, if you've got a very good driving record I'd consider dropping comp. With a $1000 deductable, you're already looking at 1/3 the value of the car (I guess the car is worth $3k). Personally I wouldn't carry comp on a car that old. If you can save $370 per year, that will cover the other $2k (insurance would cover if totalled) in about 5 years. And that car is good for at least 200k miles.
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