Same for the retirement fund tho. You have to be old to take some money out.
I think where I live you can drive without insurance if you have $1m cash available earmarked for anything that happens.
This might be an urban myth though because I don’t know anyone that does that and haven’t actually looked it up.
There are comprehensive insurance policies where you can file a claim to get a repair done. It's not cheap AND they'll raise your rates, but you can get it :)
I self insure. I keep my state minimum and pay what I would pay in collision to myself in an interest bearing acct until I reach the replacement cost of the vehicle. Took a while the first time but after those first few years it has been worth it.
Hope you never get sued after an accident
The minimum coverage of my state covers that. I'm required to carry liability insurance
A lot of people with ultra expensive cars drive in my area If I ever hit one of them without insurance its game over for me
People tweeting stuff. We allow tweets from anyone.
RULES:
