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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s