At what car age is it good to get rid of collision coverage?
2006-11-30 12:13:39 · 5 answers · asked by SAHM/Part Time Tutor 4 in Cars & Transportation ➔ Insurance & Registration
Ask yourself a couple of questions. If I wrecked my car, my fault, could I replace it?
If I wrecked my car, my fault, would they give me enough to make it worth while to keep paying for full coverage, or should I put that in the bank and save it in case I need to replace it? (see question one, above)
2006-11-30 14:03:27 · answer #1 · answered by oklatom 7 · 0⤊ 0⤋
From personal experience most people do around the 95-96 year.
Its really up to you but genereally when the car is down to an actually cash value of only a few thousand dollars its not worth it.
2006-11-30 12:40:10 · answer #2 · answered by la428282 6 · 0⤊ 0⤋
It all depends on at what point you think the car is not worth paying your collision premiums anymore.
2006-11-30 12:17:35 · answer #3 · answered by ...mr2fister... 7 · 0⤊ 0⤋
when your car is only worth a couple of thousand dollars or less
2006-11-30 12:16:33 · answer #4 · answered by george 2 6 · 0⤊ 0⤋
When you feel that you can afford to fix your car without any $ from the ins. co.
2006-11-30 15:04:11 · answer #5 · answered by Papa John 6 · 0⤊ 0⤋