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  • When should i drop collision

    • When to drop collision insurance calculator

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  • Do i need comprehensive and collision
  • Do i need comprehensive and collision reddit
  • Do you have to have comprehensive and collision on a financed car

    • Do i need comprehensive and collision...

    When to Drop Comprehensive and Collision Auto Insurance

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    • When to Drop Comprehensive and Collision Auto Insurance

    If you tend to drive your vehicle until the wheels fall off, or at least until the cost of maintenance supersedes the savings of buying a new vehicle, you may be wondering when to drop comprehensive and collision coverage.

    While there’s no hard-and-fast rule that dictates when you should drop your coverage, there are two stipulations that prevent you from doing so: if you lease or have a loan balance on your vehicle.

    If either of those scenarios applies to you, you’ll need to keep full coverage.

    However, if the former scenarios don’t apply to you, there’s a chance you could save quite a bit of money if you drop comprehensive or collision coverage on your vehicle.

    First, let’s take a look at the specifics of each coverage. Then we’ll dig down into the root of the question.

    What Is Collision Insurance?

    Collision insurance coverage helps pay for damage to your vehicle if you’re at-fault in a

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