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Does anyone just self insure or not at all???

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Does anyone just self insure or not at all???

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Old 02-23-2007, 06:27 PM
  #11  
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I bought stock in some insurance companies, oil, food, etc. Rising costs, prices still bother me, but not as much anymore
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Old 02-24-2007, 03:59 AM
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The way I see it, there are 2 reasons somebody would want to self insure/not carry insurance.

You are so filthy rich that loosing a million or 2 won't matter.
You have absolutely nothing for anybody to take if they sue you.

I'm neither, so I will always have insurance.
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Old 02-24-2007, 06:00 AM
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Originally Posted by el indio
thats why i have a 3 man boat.........limited liability.........
thats funny sheet
Attached Thumbnails Does anyone just self insure or not at all???-magnum-010.jpg  
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Old 02-24-2007, 08:31 AM
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What you can do is reduce your coverages. Of course I'm in a single 26 now but I did take it from 1300.00 to 700.00 with progressive. Went with the 2500 decutable that is really 500 with their disappearing deductable and reduced the agreed value to just a bit better than my loan principal. All the liablility stays.
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