Comments on: Why I Canceled My Collision and Comprehensive Insurance http://www.fiscalfizzle.com/2009/08/cancel-collision-comprehensive/ Spicy Thoughts on Personal Finance Wed, 08 Feb 2012 15:33:16 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Festival of Frugality | Frugal Upstatehttp://www.fiscalfizzle.com/2009/08/cancel-collision-comprehensive/#comment-490 Festival of Frugality | Frugal Upstate Tue, 16 Feb 2010 04:23:58 +0000 http://www.fiscalfizzle.com/?p=1918#comment-490 [...] Kulicki presents Why I Canceled My Collision and Comprehensive Insurance posted at Fiscal [...] [...] Kulicki presents Why I Canceled My Collision and Comprehensive Insurance posted at Fiscal [...]

]]> By: Weekly Personal Finance Links- Cool Front Editionhttp://www.fiscalfizzle.com/2009/08/cancel-collision-comprehensive/#comment-489 Weekly Personal Finance Links- Cool Front Edition Mon, 24 Aug 2009 02:30:07 +0000 http://www.fiscalfizzle.com/?p=1918#comment-489 [...] Why I Cancelled My Collision and Comprehensive Insurance at Fiscal Fizzle [...] [...] Why I Cancelled My Collision and Comprehensive Insurance at Fiscal Fizzle [...]

]]> By: Yard Sales: My Social Eventhttp://www.fiscalfizzle.com/2009/08/cancel-collision-comprehensive/#comment-488 Yard Sales: My Social Event Sat, 15 Aug 2009 19:19:32 +0000 http://www.fiscalfizzle.com/?p=1918#comment-488 [...] Why I Cancelled My Collision and Comprehensive Insurance at Fiscal Fizzle [...] [...] Why I Cancelled My Collision and Comprehensive Insurance at Fiscal Fizzle [...]

]]> By: ctreithttp://www.fiscalfizzle.com/2009/08/cancel-collision-comprehensive/#comment-487 ctreit Fri, 14 Aug 2009 01:47:41 +0000 http://www.fiscalfizzle.com/?p=1918#comment-487 I keep collision and comprehensive insurance for my cars for only a couple years at the most, and only if the car was kind of pricey. Otherwise I have self-insured the damages such an insurance would cover. This has served me well so far, which is why I will continue doing it this way. - My insurance coverage only amounts to the current value of my car and not the new value, i.e. the coverage keeps declining, quite dramatically so in the beginning years of owning a car. The insurance premium stays the same though. This makes a collision and comprehensive insurance another product with which insurance companies rip off the customer. I keep collision and comprehensive insurance for my cars for only a couple years at the most, and only if the car was kind of pricey. Otherwise I have self-insured the damages such an insurance would cover. This has served me well so far, which is why I will continue doing it this way. – My insurance coverage only amounts to the current value of my car and not the new value, i.e. the coverage keeps declining, quite dramatically so in the beginning years of owning a car. The insurance premium stays the same though. This makes a collision and comprehensive insurance another product with which insurance companies rip off the customer.

]]> By: Jason Ungerhttp://www.fiscalfizzle.com/2009/08/cancel-collision-comprehensive/#comment-486 Jason Unger Thu, 13 Aug 2009 13:51:40 +0000 http://www.fiscalfizzle.com/?p=1918#comment-486 I did the same not so long ago on my 97 Tercel. It's only worth $1000 or so, and worth way more to me to drive it into the ground than sell it or insure it to replace it. I also got a discount because the car doesn't get used that often, since I work at home, and even when we do travel, we use our primary car to get around. I did the same not so long ago on my 97 Tercel. It’s only worth $1000 or so, and worth way more to me to drive it into the ground than sell it or insure it to replace it.

I also got a discount because the car doesn’t get used that often, since I work at home, and even when we do travel, we use our primary car to get around.

]]> By: Personal Finance Buzzhttp://www.fiscalfizzle.com/2009/08/cancel-collision-comprehensive/#comment-485 Personal Finance Buzz Mon, 10 Aug 2009 15:26:54 +0000 http://www.fiscalfizzle.com/?p=1918#comment-485 <strong>Personal Finance Buzz...</strong> Your story was featured in Personal Finance Buzz! Please visit and promote your article.... Personal Finance Buzz…

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