SeaRubi
Explorer
My friend used to think that.... then his wife totalled his truck (2002 Tacoma) on a FSR. She escaped with just a sore neck... he ended up with a $6k bill to fix his truck as he only had 3rd party and he owed money on it still. That was just the parts.... used cab, box, rad, bumpers, rear springs.... lots of other bits.... I rebuilt it for him.... for free.
yeah, but what about a rover that you bought for $1,500? min coverage for me to stay legal. if it gets totaled, which will be any accident in the eyes of insurance, all that extra in premiums was worthless. the parts on the truck will usually sell for more or swap over to a new host.
New sheetmetal on a D1 or RRC can be found all day long for less than a grand. how much armor and insurance do you need, really? one of my last bosses, a COO with a nice degree from Stanford had this to say: annuity is bad. whenever possible keep the money in your pocket. instead of paying extra money for insurance premiums on a truck you don't own, why not toss $100 a month at your own insurance fund: a brokerage account at Charles Schwab. the insurance company is doing the same damned thing, except here's the deal: they pocket the profit of your money, you don't.