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Why Did Car Insurance Get So Expensive?
- ijhuygft776 3y agoIt's cheaper to NOT get full insurance and pay for repairs, usually.
- sbierwagen 3y agoNot an option for leased cars. Of course, if you're leasing, you're optimizing for something other than dollars per VMT.
- ijhuygft776 3y agoVehicle Miles Traveled?
- iwanttocomment 3y agoIt is correct that if you have a car that is worth only a few thousand dollars, it is likely not worthwhile to get anything other than liability insurance. It is very much incorrect if you have a car that is worth tens of thousands of dollars, yet can be totaled by a "hit and run" or "act of god".
- bdangubic 3y agoguessing you haven’t had to repair a car in loooooong time eh?
- ijhuygft776 3y agolast time was about two months ago.... it cost about $7,000 for a small accident.