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Originally Posted by Kostamojen
Welcome to car modifying 101
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No, that has nothing to do with modding. There are some risks you accept. You have to accept that you don't get your money back out of mods when you sell the car. You have to accept that if you modify your car outside of design limits, it might break. That's modding 101.
You don't have to just accept that someone can steal your rims or ram your car on the street when you can buy insurance to hedge against that risk.
Insurance has nothing to do with modding. Insurance has to do with managing risk. There's a risk that someone may run a red light and smash your car, so you get uninsured motorist insurance to hedge against that risk. There's a risk your house could burn down, so you get homeowner's insurance to hedge against the financial loss off all your belongings. You have a risk of having to pay for medical coverage if you get sick or injured, so you purchase health insurance to hedge against the risk of going broke from medical bills.
You're arguing against hedging against a financial risk to your mods because you don't expect to get anything back from them. Taken to its logical conclusion, your argument means that if we're all gonna die anyway, there's no point in buying health insurance. If you get sick, you might as well just go on and die.
Quote:
Originally Posted by Kostamojen
You are paying twice to insure your wheels is the problem.
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You really have no idea how insurance actually works.