re: Exactly how stupid am I: Car warranty edition.

quote:

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If the adverse event covered by the policy will put you in financial ruin,

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I don't think it necessitates that the issue put you in financial ruin to get the coverage. If I totaled my car, I could probably buy a new one cash (wouldn't want to). I could still pay my bills, etc. It's the reason I have a safety net. But, if someone offers coverage at a reasonable rate, then I'll take that. I know car insurance is required, but comprehensive is not.....and I still get that coverage.

Not saying the coverage I got for road hazards worth it. I made a quick decision based on annoyance of recent events......the reason I made the thread. But, it could be that someone did their own risk analysis to determine that even though they can afford a tire, it might be financially wise to take what is offered. And if it isn't used, it's athe a cost they are willing to lose.