Grumpy AuContraire wrote:
>
>
> Joe wrote:
>> On 2008-05-02, ChrisB <ChrisB@[EMAIL PROTECTED]
> wrote:
>>
>>
>>> This was my line of thinking. Why should I pay an extra $400 for
>>> insurance plus a $500 deductible for a vehicle that I would be lucky
>>> to get $2,000 for if my insurance company were to total it?
>>>
>>> Maybe someone can shed some light as to if my line of thinking is
>>> incorrect....
>>
>>
>> Nope, that's about right. I generally keep the comp, if the price is
>> right, just for the glass, but if it is too much of a difference,
>> what's the point? You'll lose in the long run.
>>
>>
>
>
> Also, uninsured motorist property damage will pick up damage to your car
> as long as it is not your fault. Deductibles apply of course...
>
> And maintaining comp is a good idea. Just one deer strike can ruin your
> day...
>
> JT
Yet insurance companies pay out far less than they collect. The only
reason why the company wants to sell the insurance is to make money. The
OP is better off keeping the money.
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