If someone steals my car, I hope it's never recovered so I can get the insurance payout. Who knows how the thief drove it (e.g. put it in neutral and floored it for 10 minutes) and what unseen damage lurks.
If someone with a penchant for committing grand theft were left unsupervised in my car for any amount of time, I too would vastly prefer for it to be totaled at that point.
Fortunately my car has a manual transmission, so chances are any idiot kid who tries to hop in my car and steal it will give up a few seconds after they realize that they have no idea how to operate it.
For many people, even though insurance is just supposed to "make you whole" they end up with a better result after a payout, even with a $500 deductible or whatever.
The deductible for a comprehensive claim is usually a lot lower, mine is only 100 USD while my collision deductible is 1k USD. Of course if you live somewhere with lots of crime this isn’t the case.
steelframe|1 year ago
Fortunately my car has a manual transmission, so chances are any idiot kid who tries to hop in my car and steal it will give up a few seconds after they realize that they have no idea how to operate it.
https://www.youtube.com/watch?v=jtYLNFBeCr0
https://www.youtube.com/watch?v=1S9putayloM
moneywoes|1 year ago
bombcar|1 year ago
For many people, even though insurance is just supposed to "make you whole" they end up with a better result after a payout, even with a $500 deductible or whatever.
Often actual theft is deductible-free.
overstay8930|1 year ago