Well, I seem to feel a bit cursed these last couple years.
I wanted to take a moment to give a quick public service announcement.
I was recently involved in a car wreck. First time in 35 years, it was my fault. Full airbag deployment all around (I think 14 of them total), severe damage and total loss on the vehicle. I walked away with a cut on my hand and a bruise on my shoulder from the seat belt.
Now the bad news... it was a new car and total loss. And I did not have the proper insurance coverage, so I will be out somewhere between $3-5K out of pocket. So if you have a new vehicle, and you are upside down, make sure you have GAP insurance. It works out to about $5-7 per month..!
Second, make sure you have sufficient coverage for property and persons. I was alone and the other damage was minimal, but had the collision occurred against an expensive car, I was only covered to $15k!! So make sure you have more than the minimums! The increased insurance premiums is minimal at best!!!
