I think comparing insurance prices are difficult because you need to compare the underlying coverage limits. One person said he had 25/50 coverage.
I have 250/500 liability coverage with uninsured motorists also at 250/500. I need this high coverage so my umbrella policy kicks in over the $500K limit. I also have full coverage (comprehensive and collision) w/$1000 deductibles.
My insurance is thru progressive (USAA) and cost me $996 per year I’m 38 with a clean record too.
If I went with basic liability coverage of 25/50K my insurance would be in the low $400 per year. As an attorney I have seem people loose their whole life saving because they only carry basic liability and made a simple mistake. Or they were hit with someone that did not have insurance and their medical bills added up quickly to the $50K uninsured motorists limit that they carried.
I’m not too worried about me making a mistake… just worried about the people around me driving without a license or insurance.
Just my 2 cents.
JoeyO
I have 250/500 liability coverage with uninsured motorists also at 250/500. I need this high coverage so my umbrella policy kicks in over the $500K limit. I also have full coverage (comprehensive and collision) w/$1000 deductibles.
My insurance is thru progressive (USAA) and cost me $996 per year I’m 38 with a clean record too.
If I went with basic liability coverage of 25/50K my insurance would be in the low $400 per year. As an attorney I have seem people loose their whole life saving because they only carry basic liability and made a simple mistake. Or they were hit with someone that did not have insurance and their medical bills added up quickly to the $50K uninsured motorists limit that they carried.
I’m not too worried about me making a mistake… just worried about the people around me driving without a license or insurance.
Just my 2 cents.
JoeyO