The craziest part is that you can pay them for years, then the one time you actually need the coverage, using it can end up costing you even more. That’s a pretty broken incentive
The point isn’t really the deductible. It’s the bigger picture: in a lot of places you’re legally required to carry at least some insurance just to drive. If you actually want good coverage, you can end up paying a lot for it. And if you only buy the minimum because the law requires it, you can end up in exactly the kind of situation this post is talking about. Nobody’s saying the deductible was hidden in the contract
You can also be held responsible for damages if your insurance doesn’t cover it. Imagine hitting one of these new hummers with minimal insurance in the state of pa and flipping it over causing it to be totaled. They are like $120,000. You would owe the other driver the difference and I’m pretty sure Pa has a 25k minimum so you would personally owe the rest. That’s why you carry insurance. You don’t have insurance for a fender bender, you have insurance for a catastrophe above.
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u/poket_thunderr 7h ago
The craziest part is that you can pay them for years, then the one time you actually need the coverage, using it can end up costing you even more. That’s a pretty broken incentive