[Sylvanfan]

You'd also have to pay a deductable with Collision which would have been $500 to $1000 as well. Had you saved that extra money, coupled with the salvage for your car, and the money you'd save with the deductable, you probably could replace it or come close. Of course most people don't really save that extra money...Plus if the accident is 100% your fault, you might be just as well living without Auto Insurance as your premiums could go up big time.