I'll tell you why. Insurance companies got smart about 5-6 years ago and started shifting the bulk of the premium away from C&C to Liability.
In my case, across multiple companies, on older cars (1990 Miata, 2001 T4R, 2004 Highlander), the C&C is ~$300 per year and Liability is ~$550 per year. It was just the opposite before they wised up. Cancelling C&C to save that amount is not worth it to me.
I effing hate insurance companies for so many reasons and this is just one more, but they are a necessary evil.
I also might add if I owned an insurance company, I'd do the same thing.
Eddie
Quote:
Originally Posted by jgue467
...Why bother with Full Coverage on any vehicle over 12 yrs old??... :^)
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