No. of Recommendations: 0
Messing around with car insurance is pennywise and pound foolish, IMHO.


Depends on where you live. Here in the Portland OR area, I pay $340/yr for liability-only coverage on my automobile (I self-insure for collision & comp.)

I was talking to a relative in Brooklyn NY a couple of weeks ago. She had bought a 3-year old Toyota Camry and it was going to cost $3,500/yr to insure it. So I said to her, "You can afford to replace a $17,000 car without straining yourself. Why don't you just do liability-only?"

The liability coverage was $1,500/yr. If I lived anywhere on the East Coast, I'd be looking to cut every corner I could on my auto insurance.

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