[geeks] Insurance, and Why I Hate It (long)
Joshua D Boyd
jdboyd at cs.millersville.edu
Mon Mar 18 19:58:18 CST 2002
On Mon, Mar 18, 2002 at 03:38:47PM -0800, Peter L. Wargo wrote:
> On Mon, 18 Mar 2002, alex j avriette wrote:
>
> > take out a loan for the cost of your car, new. place said loan in the
> > bank and accrue interest at 3%. make monthly loan payments. after
> > <period of loan> without actually crashing your car, you have your money
> > back, and youve even offset some of the interest you paid. its a helluva
> > lot better than giving the $$ to the insurance company thats going to
> > fuck you no matter whose fault it is.
>
> You still need liability, no matter what.
>
> Also, what if you are leasing or have a lon on the car? That usually
> requires full coverage...
Loan? Who said anything about loans? I pay cash.
--
Joshua D. Boyd
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