Quote:
Originally Posted by turbotalon1g
I don't see why one would really need it, unless your car is something that depreciates a stupid amount daily.
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I think its typically for people that end up taking out big loans for a new car, like 20k+ and spread it out over a very long time. Like a 72 month loan or something crazy so the payments are low enough.
I agree for most it won't make sense, but for the above case it might. I'd say just save up a bit to put a downpayment down so you don't end up ever needing said insurance.