[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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