Yeah, it's crazy what people do with insurance. We have a really odd car insurance plan. We just have a single mid-2000s Carola as our only vehicle. So we don't bother with full coverage. If the car gets totaled, oh well, we're out a few thousand. But what we do go all out in is the liability policy. I'm not worried about the 20 year old Toyota. I'm worried about losing our life savings if I cause an accident and end up putting someone in a wheelchair for life. So we buy the largest liability coverage we can, and then we have a million dollar umbrella policy on top of that.

To me this seems the only sane way to do it. Not only do I want to make sure I'm not financially destroyed if I cause a big accident, but also, just from basic compassion, I want to make sure that anyone I might hurt is well taken care of.