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Re: car insurance
As far as switching from Full Coverage to Liability only, DON'T DO IT. Here's what happened to my brother two months ago...
He had his car paid off and decided to save a little cash by switching to minimum coverage. 3 days later he's driving on the PA state turnpike late at night and has to pull off the road. When he pulls off, he does so into a massive sink/pot hole about 3 feet deep and the width of his car. Needless to say, his car was F'd up. So he calls the insurance company and reinstates full coverage before he reports the accident. Two days later, he tries to report the accident with the whole, "this is so strange. I'm lucky I just switched back to full coverage..." routine and they immediately tell him they'll be doing a full insurance fraud investigation and are going to be pulling his phone records... So... needless to say, he dropped that claim pretty quick. I'm sure his account at Progressive has a flashing FRAUD ALERT for anything he reports in the future and he had to pay the $3000 in repairs.
Moral of the story: Get the best coverage you can afford, because as soon as you don't have it, you'll need it.
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"All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit."
Thomas Paine
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