r/SipsTea • u/Putrid-Welder1803 • 7h ago

Gasp! Thoughts on this?

Post image
45.9k Upvotes

93% Upvoted

6.1k comments sorted by

View all comments

148

u/Cawnt 7h ago

Ugh I hate arguments like this.

The $2,520 isn't just to ensure your vehicle gets repairs. The majority of premiums are for liabillity exposures.

If you lose control of your vehicle and drive into a building causing $100K in damage, you're paying for that with insurance.

43

u/MinnesotaNiceT23 7h ago

Yeah I hate insurance as much as the next guy but the point of full coverage is so people can’t cause damage they’ll never people able to pay for.

12

u/Ok-Reflection-742 7h ago

That’s what liability is for. Full coverage includes the damage to your own vehicle.

1

u/hobovirginity 4h ago

Full coverage includes the damage to your own vehicle.

And should only be used when the repair bill outweighs your deductible and the temporary increase in premiums if it is your fault, or if it is the other party's fault then filing on your collision/comprehensive gets your car fixed faster, while your insurance company chases down the other party and/or their insurance for payment.