Is comprehensive car insurance actually worth it for an older vehicle?

[erinkonoge]

Hi everyone! I’m currently reviewing my annual car insurance policy and trying to decide whether to downgrade my coverage to third party fire and theft. My car is a 2012 model, so its market value isn't super high anymore, but I still rely on it daily for commuting. While reading up on policy comparisons on https://kobainsuranceau.com/ yesterday, it got me thinking about whether the extra cost of full comprehensive is justified once a car crosses the 10-year mark. What do you guys usually do with older vehicles? Do you keep full cover just for peace of mind?