Originally Posted by KidVermicious

You'll be wasting your money.

Here's the thing with insurance - it's a necessary evil when it's required by law or contract, or when you have something that you must have and you literally cannot afford to lose. You don't have to have that particular 4Runner, so insurance over and above what you have to carry is literally throwing your money away.

Figure out how much you feel like you can afford to pay as a monthly insurance bill, and then instead of lining some *******'s pocket with it, insure it yourself. Put it in the bank, in it's own account. Once you've got enough in that account to cover the loss of the 4Runner, you can stop paying that insurance bill but stay insured for as long as that money sits there (making you interest, by the way). No insurance company is going to give you that deal.