Blog · Rant

Is It Even Worth It To Get Full Coverage Auto Insurance

Full Coverage Auto Insurance, is it worth it?

My auto insurance company mailed me a letter the other day saying that it’s time for me to renew. I’ve been with them for a while now and every time I expect to see a lower insurance quote than I did the year before and each year I am left disappointed. Sometimes that quote is the same amount I’m already paying and often times it’s a little bit more. But never less. You’d think that there’d be some kind of loyalty and rewards they could offer long time customers like me and cut me some slack on the price. How naïve of me.

I feel like I should and can be paying a lot less than I am currently so I went through my policy to see if I could stick with the same company but just take some things out of my agreement in order to cut costs.

It got me thinking; Do I really need full coverage car insurance?

I’ve been driving forever and haven’t had an accident in years, in any way shape or form. No big crashes and no little knocks, yet I’m covered for things that are extremely unlikely to happen. I called up my insurance company and told them about the changes I wanted to make and to see what kind of discount it would net me. I removed a lot of coverage that I had but the drone on the other end of the phone told me that the savings I would make but would be so low as to be pointless.

Rather than renew over the phone, I waited for a few days and mulled things over. I still have a few weeks left of coverage so there’s no rush on my part. I realised that even though I’m unlikely to ever have to make a claim for the majority of things that I’m covered for, it is nice to know that I am covered for them. If anything were too happen, no matter how rare or how crazy, I would be ok. The insurance company would take care of it. Unlike my friends who bought very cheap car insurance no deposit, but have almost zero coverage.. I looked to it here: https://www.autoinsurancemonkey.com/very-cheap-car-insurance-no-deposit-quotes/  but decided against it. Even if it was cheap.

Now, I might not stick with the same company, but I think that I’ll try and cut my costs in other ways when I renew rather than cutting down on my full coverage.

Blog · Life advice · Rant

Nora’s Rant: Why I Won’t Get a Payday Loans

I was thinking about payday loans the other day. And what would be a justifiable reason to take one out.

  1. Medical emergencies

If someone in my family got sick and I was left with big medical bills to pay. Of course, a quick and easy loan would take the pressure off.

  1. Redundancy

If I lost my job (touch wood I won’t) and couldn’t afford my mortgage repayments then a payday loan could keep a roof over mine and my families head. Sensible. A payday loan seems like the lesser of two evils.

  1. Unexpected travel

Not recreational travel, but if someone I love got sick overseas then I may have to travel to them. Understandable.

The above are 3 of the top, universally accepted, reasons according to trusted authority and voice of the nation, Google.

Below are the first 3 reasons that my warped brain came up with as reasons to run out to a company offering payday loans near me. And also the best 3 reasons I have to forbid myself from entertaining the idea. I clearly can’t be trusted.

  1. Travel

Not unexpected emergency travel. Instead, my initial thought was, that if ever my friends are heading somewhere really cool a payday loan could get me on that plane. I mean if all of my friends were going, I can’t not, right? Or what if I’m getting dangerously low on vitamin D and the only cure is a trip to the beach?

  1. Plastic surgery

If ever I get so sick of being told I have a ‘tall nose’. I could well wake up one day and decide that I can’t take it for a day longer and need to get it fixed. Surely then a payday loan would class as emergency medical treatment.

  1. A new car

I can’t honestly say I have the self-control and patience to wait until payday for those last few hundred dollars for a new car. And I do need a reliable car. To get to my job to actually pay off the loan. That goes for anything I may want to buy.

On second thoughts. Maybe I should be searching for payday loans near me. To fund the therapy I so clearly need.