Cansuelo, you need to determine the value of your vehicle. Check Edmonds, Kelly Blue Book etc. on the net to see about what the ins. co would give you if your car was totaled, stolen or whatever. Then calculate how much you pay per year for collision and comprehensive coverage. If what they would pay you is even close to what it costs you to insure it, then it’s not worth paying for the coverage. I have a very nice 20 year old Nissan 300ZX. It’s worth a lot to me, but if it were totaled, the ins. co would simply see it as another 20 year old car and I’d be lucky to get $500! I dropped the collision and com. coverage on it about 4 years ago, so I figure I’m already about $1,000 ahead of the insurance game.