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Yes you can, but it’s not always a great idea. While you are able to insure something for a price, it means you are under insured, which could provide stressful in any situation. For example, if you have a car but highly doubt that you’ll damage it and only pay for half the insurance, if in the case of a car accident, you’re only insured for half the price of your car and may end up with a worse make, and without the safety and insurance that full insurance provides.
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