Legal Question in Insurance Law in Florida

my car is 22 year old car. it is beat up looking but reliable and paid off. kbb says its retale value is 900-1400. i have comp and collision on it with thousand dollar deductible. can i drop the comp and collision, or will dropping these impact some other aspect of my coverage? i got all other legal coverage but im scared that there is some hidden insurance issue if i drop comp and collision. tia

Asked on 8/14/24, 3:49 pm

Barry Stein De Cardenas, Freixas, Stein & Zachary

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This is an insurance agent question not a lawyer issue. You will have no repair rights if your car is damaged in an accident from your own policy.

Answered on 8/14/24, 5:23 pm

David Slater David P. Slater, Esq.

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Makes no sense to me to pay for collision coverage on such an old car

Answered on 8/17/24, 5:41 am

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