For High Mileage Older Cars with low value is it ok to drop your Comprehensive & Collision deductible?

For High Mileage Older Cars with low value is it ok to drop your Comprehensive & Collision deductible?

I'-m looking over auto insurance quotes and can'-t seem to figure out why I should justify a $500.00 deductible on a car that'-s valued at $900ish for trade.


yeah thats a little high. I have a 2005 car that I have full coverage on only because my leinholder requires it and it cost me 300 every 3 months. I also have a1996 pickup that has nothing but liablilty and I only pay 60 every 3 months. I have only had to file one claim and that was on the car a deer hit me.


Absolutely. I recommend just carrying liability.



Popular Q&A

What car insurance do you like?
I currently have State Farm. There is very little difference between the large insurance companies(Allstate, Farmers, State Farm, etc). Maybe you just don't like your agent. Nevertheless, below is some information to help you decide.The magazine Consumer Reports has rated the top insurance...

Is it the law in North Carolina to have auto insurance?
Below is a FAQ's on North Carolina auto insurance laws:What type of automobile liability insurance am I required to have?According to North Carolina auto insurance law, you are required to have Bodily injury liability and Property damage liability.What are the minimum liability limits?According...

Anyone know about insurance adjusting--anyone in the business--I would rather not hear sob stories?
The "too long" refers to 21 years working as an insurance adjuster. Frankly, I would rather be a lottery winner. Report Abuse* You must be logged into Answers to add comments. Sign in or Register.Other Answers (5)Show:All AnswersOldest to NewestNewest to OldestRated...

Who would pay for medical expenses in a no fault car accident?
NJ is a PIP state (Personal Injury Protection). "No fault" only means your medical bills are paid by your own auto insurance no matter who is at fault. Someone is always at fault.If you borrowed the vehicle, it would still come from your own policy. If do not have an auto policy and there...

If Obama loses should the democrats start a grassroots group as the lib version of the tea party?
Obama has been a great president. We are better off than we were in the 2008 recession.Go on the freeway and see all the 18 wheelers taking supplies to businesses.Go to walmart and see all the customers and all the products that have been produced recently.Go downtown and see all the people...