Quote:
Originally Posted by jimbethesda
My point is that if you are looking into insurance to cover a low-probability AND a low cost outcome, I would look deeper into your financial situation.
IMO, insurance should be used for high cost events ($5MM court settlement for killing someone in an auto accident), and not for anything under let’s say $50k. That’s just my opinion and strategy. I have high deductibles, but also high overall coverage. I have a lot of life insurance, but no short-term disability. That’s where I prefer to spend my money.
I’m a car enthusiast myself, so while many people could not justify spending the money required on an M3/M4, I can. BUT, I didn’t buy my first one until I could easily pay for it. Just my $.02
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What are you even talking about? What you said makes absolutely no sense whatsoever. None!!!