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Question

Keep coverage on truck worth 4500?

My truck is completely paid off and worth only about 4000-4500 should i keep full coverage or liability only?

Agent Answer

Ava Lynch

Typically when the car is eight to ten years old (and paid off) we typically do not recommend comprehensive and collision coverage. The reason is that the value of the car is less than what the insurance and deductible can be. Since the car is paid off, the decision is really up to you. If you do remove comprehensive and collision, I’d still recommend uninsured motorist coverage to protect yourself if someone hits you that doesn’t have insurance. Good luck and if you have any other questions, don’t hesitate to ask.

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