If your car is paid off, should you....?

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If your car is paid off, should you....?

take your insurance down to PLPD? Is it worth keeping a paid offr car under full coverage?

2007-10-15 03:44:01 · 2 answers · asked by Betrdz 6 in Cars & Transportation ➔ Insurance & Registration

2 answers

depends on how much the car is worth in case it is totaled. if it were to get totaled can you afford to replace it. my 06 acura does not have a loan on it but i still have full-coverage insurance, the car is worth at least $24,000+ which i do not have if it were totaled (that is why i have car insurance-just in case)

2007-10-15 04:51:25 · answer #1 · answered by nj2pa2nc 7 · 0⤊ 0⤋

If you can't afford to replace it if it's totaled, you should.

2007-10-15 03:51:57 · answer #2 · answered by curtisports2 7 · 0⤊ 0⤋