Problem is with your 14 year old Hyundai, you probably don't have full coverage, so your insurance is going to pay to fix his BMW, you are going to pay to replace your Hyundai, and your insurance rates are going up.

[–] Alexstarfire@lemmy.world 17 points 10 months ago (1 children)

If you get hit, the other party's insurance pays, not your own.

[–] Yarmin@sopuli.xyz 7 points 10 months ago

correct but your premiums still go up

[–] Killer57@lemmy.ca 5 points 10 months ago (2 children)

Why would anybody in their right mind not have full coverage with a shitbox car? It's kinda the whole point.

[–] coffeebiscuit@lemmy.world 5 points 10 months ago

Well the car is worth $500.- the repairs cost $2000.- . So the car is totaled. Here is your $500.- K bye.

[–] GunValkyrie@lemmy.world 2 points 10 months ago

Not everyone can afford it.