Originally Posted by
normthe
Keep in mind that they do not cover loss of use for a damaged vehicle. If the vehicle is out of service for repair you can be billed for the loss of rental income during that period.
Philosophically I'm not particularly worried about that. I see the purpose of insurance, any kind of insurance, as being to protect against catastrophic losses that would make a substantial impact on one's finances. I am prepared to take a small risk out of pocket on loss of use.