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> Few people willingly pay car insurance By that rationale, no-one would by the more expensive fully-comprehensive insurance (where your own car is insured, no
by SixSigma 12y ago
> Few people willingly pay car insurance
By that rationale, no-one would by the more expensive fully-comprehensive insurance (where your own car is insured, not just third parties) but they do.
- pionar 12y agoMany people only buy the comprehensive insurance because their loan contract and/or lease terms require it.
- pas 12y agoAnd that makes sense, you can just return the car and get a new one. And lease contracts fees reflect this. If you have a fixed term lease, then returning a car ahead of time costs you, so you opt to repair it, and probably the leasing company wants it repaired at a brand licensed garage, so higher prices on that means you're likely to get a proper insurance, but you get the lease for cheaper.
- cdrx 12y agoIn the UK, fully-comprehensive insurance can often be cheaper than third-party only cover.