I just paid off my car.

[JimKiler]

Let the insurance company know

Why would insurance care if it is paid for?

But make sure to remove the Bank from your car title.

 

[BoomerD]

Put money aside for the maintenance. Congrats.

Now that it's paid off...it's gonna suffer a major breakdown...I think that's one of Murphy's Laws...

 

[dpodblood]

Why would insurance care if it is paid for?

But make sure to remove the Bank from your car title.

Well if he wants he can save some money by changing from full insurance to public liability.

 

[TwiceOver]

$820/mo for daycare!!!? WTF kinda place is that? Full time is $100/wk average around here. Wow. That is a raise!

EDIT: Ohh, I think you are saying 2 kids. Then yeah. Either way. Ouch.

 

[highland145]

Now that it's paid off...it's gonna suffer a major breakdown...I think that's one of Murphy's Laws...

The day my honda title came in the mail, the a/c quit.

 

[JimKiler]

Well if he wants he can save some money by changing from full insurance to public liability.

I have never reduced coverage when I paid off my cars.

 

[HardcoreRobot]

i may try to pay mine off at the end of the year. i dont like having a car payment , got my first one at 28 years old.

 

[TwiceOver]

I have never reduced coverage when I paid off my cars.

I only did this when my car value met my deductible. I often called my '95 Nissan Altima my "$1000 Car". If I hit someone I paid $1000, if someone hit me I got $1000. I loved that car and still wish I had it.

 

[rivan]

Shhhh. He doesn't know about #3 yet.

D:

$820/mo for daycare!!!? WTF kinda place is that? Full time is $100/wk average around here. Wow. That is a raise!

EDIT: Ohh, I think you are saying 2 kids. Then yeah. Either way. Ouch.

Hah - that's 1 kid. I could dig up the thread where I was QQing about when they were BOTH in daycare. The one year where they overlapped, both in daycare, it cost me around $25-26k.

See above where I mentioned some other debt to pay off. :\ It killed me to finance some of it, but I had to. HELOC - at leats I've got a crazy low rate on it.

I have never reduced coverage when I paid off my cars.

Full coverage, and staying that way. Insurance as a married adult isn't anywhere NEAR the rape it was as a teenager.