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
2 Answers from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
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.
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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