Whoever advised against paying for full coverage is either rich or driving a POS. Full coverage is CHEAP and will also get you inexpensive window repair and towing coverage. Accidents will happen (thank you Elvis Costello) - don't f' up and get $0 for the thousands you are about to spend.
I haven't used my home owners insurance in the fifteen years I've owned a home. I am glad I haven't used it but very happy it is there.