hairyben wrote:
Untill this year I'd never had membership of any of them, instead relying on a regularly maintaned car and a little knowledge, and if I ever did have a breakdown just cough up. which in ten years of motoring amounted to about £50 (or therabouts) on a couple of occasions for a flat battery. Evan if I'd found myself being recovered off the motorway at £300 or so, still beats ten years of premiums.
Yes, that's exactly the rationale I used when folks around me expressed surprise that I'd cancelled. Of course, cars back then were nowhere near as good as the cars of today, and needed a lot more maintenance.
A similar scenario arose when, many years ago, I began to use my car in my business for transporting various goods. The insurance premium shot up to about £500 fully comp (in the 1970s!!) for a car that was worth about £1000. In two years I would have spent as much on insurance as it would have cost to buy a new car. So I went TPF&T. My broker couldn't believe his ears when I told him. And I said that the fully comp deal assumed I was going to write the car off every 2 years...

If I'd had minor damage, I'd use the money I'd saved on insurance to pay for it.