| Message: | | The premium is the average claim plus admin' costs, plus profits. Extended maintenance plans and warranties are insurance.
My maintenance and repair costs over six years and 63k miles has been $4,300, with $3,500 of that in years five and six, 46k-63k miles.
On average (two very important words), you're better off without insurance.
I only buy insurance against things that would wipe me out financially: medical catastrophy, law suits, loss of a home. I only carry collision insurance on my cars because I live in a no-fault (more accurately named "your fault") car insurance state.
| |
© 1997 -
2008
Jump Internet Inc. All rights reserved.
