Jeff wrote:
> 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.
Not if he maintains his vehicle and is principally interested in the
trans****tation value of his vehicle rather than "trade" value.
JT
(Whose '83 Honda is pure gold...)
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