Quote:
Originally Posted by Tcoat
Insurance is cheap depending on who and where you are. To some insurance is a big chunk of cash. Doesn't matter how much it is though it is cash well spent and this is a great example of why. Ig 45 years of driving I have forked over enough insurance money to buy a nice house and have collected a whopping $2000 back on a repair but there is not a hope in hell I would drive a brand new car with only liability.
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Same here. I always carry full coverage, even on cars that are 200,000+ miles.
@
mitama, sorry for your situation, hope it works out for you. Since you didn't have collision I'm assuming the car was paid off. Check with a tax person, but I'm relatively sure that at least some of the cost may be tax deductible under "
unexpected loss". Given recent tax changes though I'm not sure.