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Ask Dave

Full Coverage Insurance

The caller has the cash to pay for a car and wants to know if it's okay to drop the full coverage insurance.

QUESTION: Eric has heard that if you can pay cash for a car, then it’s all right to drop full coverage insurance. Is that true? Dave gives his perspective.

ANSWER: That’s been around for many years, and I’ve considered it. I drove a jeep. I have kept full coverage on all of our vehicles, and I’m all right with it. You need to easily replace the car with cash before you even consider it.

Who Has the Best Car Insurance? 

Who Has the Best Car Insurance? 

Big-name companies love to say theirs is the best.
Want an honest answer? Ask an independent agent.
Find Better Rates

Who Has the Best Car Insurance? 

Big-name companies love to say theirs is the best.
Want an honest answer? Ask an independent agent.
Find Better Rates