[thstone]

First, make sure that you're getting a good deal on your insurance (be sure to shop around). Then, only you can decide if its worth the money.

When I was younger, I drove crap cars because I invested in mostly appreciating assets (like a house, retirement, and savings/investments) as compared to a car which is generally a depreciating asset. Of course, everyone's financial situation and goals are different - all I'm saying is have a financial plan and then stick to the plan.