I'd say depends on the drivers too. Youngish may mean expensive insurance, but the driver has matured and can drive and care for a decent car. 25 years old is a number that the insco used to use as the arbitrary dividing line, may still be.
I would not carry full coverage on a $5k car, but I have a nice emergency fund that can cover a replacement. I'm self insured, don't need to pay the insco beyond liability. Are you the bank of Mom & Dad? Max Dillon Charleston SC May 26, 2021 9:29:21 PM Clay via Mercedes <mercedes@okiebenz.com>: > Carry liability only for the car the younglings drive. Ban them from other > examples which cost more and put full coverage. Stock up some cash to > replace the kiddy car when it gets smashed up > > clay > > I have no pronouns please do not refer to me. > > > >> On May 26, 2021, at 11:56 AM, Allan Streib via Mercedes >> <mercedes@okiebenz.com> wrote: >> >> Would you carry full coverage on a $5,000 car, or liability only? >> >> Looking over the coverages on my fleet and trying to get the costs down >> with 3 "youthful" drivers. >> >> Allan > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com