By going to a $500. deductible on collision and comp, we saved about $1000. a year on total cost of our car insurance. So far, we're still ahead!
My wife is employed by the largest insurance agency in the area. It's a calculated risk.
Rice, I'm glad the bad stuff missed you this time. I grew up in Oklahoma and have been through many tornadoes. Only had damage after moving to Louisiana. The one in 99 did $40,000 damage to our house and property, and we were one of the lucky ones then.
I would rather dodge an occasional tornado then the hurricanes and earthquakes in other parts of the country.
I'll be checking out the equipment today.
DonM