Mad Mike
Well-known member
You only going to find this option if you ask. For me, it would save 65/mo on my car. Considering I’ve been clipped 3 times by bad drivers in the last 10 years, so I’ll keep it.Yep, unless you pay extra for non-depreciated/replacement cost coverage....which most people don't, because they want the cheapest possible insurance they can get instead of insurance that actually covers their butts if there's a loss.
This is why I pay literally an extra hundred dollars a month or so on our monthly 2 cars and 2 bikes insurnace bill - I have all of our accident benefits and coverages cranked to the max. All that same stuff that we used to get that the government removed a number of years ago to "save consumers money" (Which it didn't really do) are now available again as an upcharge item, which sure seems to me to be way more than any "savings" we ever received from them being removed to begin with.
Anyhoo......another government boondoggle from 2016 that's still just costing us money instead of saving us anything.
And everyone might want to read up on the latest "cost savings" scheme the government allowed to come into effect this January 1st which may actualy hose you rather than save you money. This one seems to have snuck past most peoples radars.
On the other hand, a young guy at the office drives a 2004 Camry, pays $3000 a year in insurance, but saves 550/mo with the waiver. For him it’s a no brainer.