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12 mar 2024 · The standard rule of thumb used to be that car owners should drop collision and comprehensive insurance when the car was five or six years old or when the mileage reached the 100,000...
2 lis 2023 · Should you keep your collision and comprehensive coverage indefinitely? Here’s what you need to know to make the best decisions for your unique circumstance.
When to drop collision/comprehensive. I see and hear a lot of debate on this subject, mostly on the grounds that it's not economically sensible to repair a car with 200K miles on it. But, modern cars, when properly maintained, can easily make 250 to 300K and even a thousand dollar deductible is always cheaper than a new car.
6 maj 2021 · The general rule is that you should drop your comprehensive cover if you are paying too much based on the value of your car. Take your car's value, subtract...
28 kwi 2021 · This guide will help you decide when to drop collision insurance and how to determine what level of coverage you need. The Difference Between Comprehensive and Collision Insurance
23 paź 2024 · As a general rule, if your premiums and deductibles for comprehensive and collision insurance are equal to or greater than the fair market value of your vehicle, it's likely time to drop the coverage.
20 lip 2021 · Learn how collision insurance can help pay for repairs if your car is damaged in a crash, and when it’s worth keeping or dropping. Find out how to calculate the benefit and cost of collision coverage based on your car’s value, deductible and financial situation.