The policyholder is really tight on cash and wants to trim down their insurance premiums so they can devote more of their budget to paying off a large credit card debt. Which coverage makes the most sense to eliminate? Collision coverage, because their car is quite old and the deductible is relatively high 0 They cannot eliminate any of this coverage -- it is all required by Federal law Liability coverage, because it is the most expensive part of their bill. Uninsured motor vehicle coverage, because they already have car insurance, so they won't ever be uninsured