I’m at the point where I’m contemplating dropping all but basic coverage on my wife’s and my daily drivers. Problem is, mine is a 2016, and her’s is a 2012 Mercedes. I toy with this every year, and every year I wait, the more money I lose. I probably would save $1,000 bucks a year, maybe more. But is that worth chancing?
Usually I don’t hesitate and I take that chance, and I save. I’m actually at the point where I’m considering removing fire and theft too. I’ve never had a vehicle catch on fire in all the years I’ve been driving, and not had one even close to being stolen. I’m rarely ever in a high crime area. And most vehicles that do get stolen come back with throw up in the back seat and a broken window and some wiring damage. I don’t think anyone would really want to steal a Toyota Avalon anyway.