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Who would buy a $150k car, insure it, but not cover damage to the vehicle??
by captainredbeard 5y ago
Who would buy a $150k car, insure it, but not cover damage to the vehicle??
- Sebb767 5y agoPeople who either completely overstretched their budget and can't afford it or people who are rich enough to save the insurance premium and simply buy a new one in the worst case.
- deltree7 5y agoIf I'm rich enough, I don't care replacing my Merc with my own money, instead of going through the pesky insurance. Insurance is great when you can't handle the cost of replacement. That's why you don't buy insurance every time you buy a $100 electronic appliance. Now scale your money to a rich dude's money, you'll get the idea
- captainredbeard 5y ago> instead of going through the pesky insurance I hear ya but at some point that's what administrative staff is there to handle.