Car insurance companies spend a lot of time explaining the different types of car insurance and why you need all that coverage. They spend decidedly less time explaining which types of insurance you don't need or how to avoid overpaying for excess coverage.
That's where the 100,000-mile rule in car insurance comes in. The general rule isn't perfect, but it's a useful starting point to help you figure out how much car insurance you need and what types of coverage you should skip. The idea is to avoid paying for additional coverage that, because of your car's market value, you can't really benefit from, anyway.
