Re: INSURANCE COVERAGE - CAR VALUE???? - Saab 900 Bulletin Board - Saabnet.com
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Re: INSURANCE COVERAGE - CAR VALUE????
Posted by turbocon86 (more from turbocon86) on Fri, 13 Jun 2008 12:18:47
In Reply to: INSURANCE COVERAGE - CAR VALUE????, BAAB [Profile/Gallery]
, Fri, 13 Jun 2008 12:06:51
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Unless the car is a low-milage pristene example, why would you carry collision on a car that old anyway? Take the money you save by not having collision coverage and put it in a trust fund for the car, to use in the event you ever get in a repairable accident. If you total the car or sell it, use the money for something else like--I don't know--beer to cry in or something. If you give the money to the insurance company and they decide to total it for a fender bender you'll be stuck with a car with a salvage title and no money to fix it.
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