Originally posted by Tyler Allison+--><div class='quotetop'>QUOTE(Tyler Allison)</div>
<!--QuoteBegin-nickgrillo
But, ummm... When you screw your car up, isn't that what insurance is for?
Yes. But you have a deductable. A deductable will usually be $500 or $1000. The higher your deductable the lower your monthly payments. The insurance company doesn't start paying for repairs until
AFTER you have paid the deductable to the repair shop. Each and every time your car is damaged.
Also,
every time you make a claim to the insurance company to have them repair your car you can expect your monthly payments to go up. After too many claims they will drop your insurance and you'll have to find another company. And since all the insurance companies share information about you they will charge you more than the original insurance company would have charged you.
So basically....you only use your insurance company for car repairs when the damage is major (like my $12,000 collision with a deer).
A couple busted windows will be cheaper in the long run if
YOU pay for the repair yourself than to make a claim to the insurance company.
Remember...aint nothing free in this world...
ps: a busted engine because the car is old is not covered by insurance..it wasn't an
accident. In general fixing broken parts on cheaper cars is cheaper than fixing broken parts on more expensive cars (bmw, mercedes, etc). Not always..but in general.[/b]