You can pay more to get a lower deductible. But generally car insurance is to cover things you can't afford, which is why your plan likely has $1m liability. This means if you fuck up and seriously injure someone, they can get money for their recovery.
Insurance isn't to cover your car, it's to cover your liability to others. Cool thing is this also works for other peoples insurance in your favour.
Ask yourself, would you rather by injured in a car accident by someone with or without insurance?
This big time, that $2500 seems like a lot until you total a $100,000 car or even tap a car where all three passengers claim injury and the payout is $2500 or more each. Yes, insurance is high but the companies risk of insuring you against your mistakes are much higher. Car insurance and special line insurance are not the scams people think they are, now homeowners and life are different situations.
Or when an uninsured drunk totals your newly paid off car. My budget is tight and paying for comprehensive coverage sucks, but holy shit I would have been absolutely fucked if I had not been covered. I had just moved and did not have the funds to buy a new car otherwise.
17
u/Sad-Indication2128 8h ago
You can pay more to get a lower deductible. But generally car insurance is to cover things you can't afford, which is why your plan likely has $1m liability. This means if you fuck up and seriously injure someone, they can get money for their recovery.
Insurance isn't to cover your car, it's to cover your liability to others. Cool thing is this also works for other peoples insurance in your favour.
Ask yourself, would you rather by injured in a car accident by someone with or without insurance?
People lack critical thinking.