One of our cars are old and worth less than $ 3000, we want to replace it 6-9 MOS. We would not have costly repairs, but is kept in decent shape until we can afford to replace them. For this reason, we remove all the excesses and insurance companies have only what is required by law. We also have an old truck, that we only the movement of soil, mulch, etc. and also, is that the use of the absolute minimum. My insurance agent owners try, my company car and told me that my car insurance is inadequate, and that “legal” is not worth the risk. But we no longer covergage we wanted to pay us feel not really need, given the situation of these vehicles. Would you pay more to only pay more, or try your luck and stick to your plan? I personally think it is a tactic of intimidation to get our business. I have it here because I’m get the best answers.
We live in Florida and it took us only injury protection (PIP) contribute. I only wear on my car, because he is too old, according to our insurance, comprehensive coverage.
Insurance companies only pay the Blue Book value of your vehicle if it is reached. If your car is worth less than $ 3,000, so it’s not worth a full coverage of the execution.
Remember, insurance agents are just a seller, they will try to sell you coverage you do not need a bigger check from the Commission receives. I would just politely Stand Your Ground and tell him you’re not interested as long as you replace your car with one that has much more value.