Should I still keep collision coverage for a 13-year-old Jeep?

"It has very low mileage (20,000), but I'm wondering if it's worth it to keep paying for full coverage. I have Progressive."

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Sophie Newman
Answered on Jul 27, 2021
Sophie Newman is a writer from California. Her hobbies include brewing her own kombucha, riding horses, and taking long road trips.
“If your car is in reasonable condition, it’s probably worth it to keep paying for collision car insurance.
Not only will it cover the cost of damage and repairs, but in the event that your car is considered a total loss, you are compensated for the market value of the vehicle. You might ask yourself if you’re willing to lose this money in the event of an accident.”
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