Ditch towing coverage. Towing — or “emergency roadside service,” as it’s sometimes called — is an easy cost to self-insure (see General Insurance Tips). You likely pay $10–$30 a year for towing insurance, and one tow costs $100. (If you’re in an accident, towing is usually covered under collision, but check with your insurance company to be sure.) Sometimes your car will break down, but if it’s well maintained, that won’t happen often. Tip If the value of your car has dropped so low that a major repair would cost the same as replacing it, consider dropping your comprehensive and collision
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