Friday, December 11, 2009

Worthwhile Canadian Initiative: Car insurance, home ownership, and efficient markets

Car insurance, home ownership, and efficient markets

I don't insure my car. Well, I have liability insurance, but I don't insure the car itself. So if I drive it into a ditch, or it gets stolen, I have to pay to repair or replace it, out of my own pocket.

This article pretty much sums up all my thoughts on buying vs, renting and car ownership, and how so much of it is a scam.

Posted via web from Sammy's posterous

No comments: