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Date Posted: 8:25:21 4/19/23 Wed
Author: Jasper
Subject: Erick Peter's autos writes,

.
The sole point of car insurance is to make you pay – not to “cover” anything.

Recently, I ran over a truck tire in a rain storm and had to file a claim to get my front air spoiler repaired, which cost over $500. The insurance company decided that the rain storm and the truck driver’s blow out were my “fault” and raised my insurance rate from $750 a year to $2500 a year (for full coverage.)

This is sort of thing is common. And, commonly understood. From that understanding flows the realization that using the coverage one is forced to buy is foolish – because doing so will result in being forced to pay more for the coverage, going forward.

https://www.ericpetersautos.com/2023/04/19/the-coverage-catch-22/

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