Personal Finance (Not Investing) • Should I switch to Liability only car insurance to save $55 per month?

Here is my situation:

Car mileage: 68,600
Carfax value: $10,730
Kelley Blue Book: $7,053
Buy from dealer: $12,000
Current 6-month Insurance with Comprehensive Coverage: $595
Liability Only Insurance (also 6 months): $268

$54.5 monthly savings

I have had the car for more than 8 years and we were only once rear ended by another car a few years ago.

Do you think it's worth switching to Liability only to get the savings?

Statistics: Posted by frugalor — Sun Feb 01, 2026 1:16 pm — Replies 0 — Views 3

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