@Loquat wrote:
@Anonymous wrote:It's smart to self-insure if: you possess sufficient risk tolerance & you can afford to pay the loss.
Sounds like you can't afford to pay the loss. Maybe pay cash for a less expensive vehicle?
At the rate in which vehicles depreciate I'd seriously suggest reconsidering the self insure route. You get hit by someone texting 5 minutes after taking delivery and you're in a very dark place financially. It just ain't worth it in my opinion.
Sure. Your risk tolerance is markedly lower than mine. I've been (mostly) self-insuring for years. Doesn't make one of us right or wrong. I like the math of it.
But WALDT. 
