Quote:
Originally Posted by noka
Of course, all insurance is sold for a profit. If you're house burned down, then you'd be glad you purchased it. I've damaged tires and wheels here in the New England (Winter or otherwise) and I'm purchasing the insurance more for peace of mind. I do agree that on average, it would cost less to just go with pay as you go.
|
Well auto and home insurance are obviously protection for large scale loss and have legal obligations as well. Not intending to sound like an a$$, but if people are buying up packages to cover their butts for unanticipated $500 expenses, I would encourage them to look at cheaper cars.