Do you have Collision on your Car

[JanetRose]

or do you cancel it when the car is paid off?

 

[jimmalru80]

I have it on two of our three vehicles. The oldest car (1997) does not have it. I usually use 6-8 years old as rule of thumb.

 

[clh2]

We keep collision until we can afford to replace the car if it were totalled.

 

[FroggyinArk]

honestly,, we have "full" coverage on both of our vehicles, my 94 suburban is covered with 350,000, 150,000 policy, because after the w reck i discovered that in a lot of states now, if some one is injured in awreck, or suffers property damage, the insurance companies are only liable for the amount of thepolicy. and then the person is liable afteer that. thats one reason i have a stack of over 300 dollars worth of medical bills in my desk that are not getting paid. the drunk haad 25000/50000 medical/property coverage, and that was well over maxed out to the point the company didnt even pay all the cost of repairing the motor home, maybe i am over insured, i could save sevreal hundred a year by lowering my coverages, but i will not drive anything anym ore that is not fully covered and has all the riders for un insured / under insured coverages.