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CAH127
LIF Adult
Member since 7/07 1694 total posts
Name:
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Car insurance coverage amount
Do you have the minimum amount coverage, max or somewhere in between?
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Posted 9/21/15 10:45 PM  |
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ElizaRags35
My 2 Girls
Member since 2/09 20494 total posts
Name:
Me
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Car insurance coverage amount
Full coverage for both vehicles
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| Posted 9/21/15 10:46 PM |
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BsMomma2014
Fly high little one
Member since 6/10 2662 total posts
Name:
nicole
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Car insurance coverage amount
Full coverage on both with 300/300 limits
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| Posted 9/22/15 1:55 AM |
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luvbuffet
LIF Adult
Member since 7/10 6470 total posts
Name:
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Re: Car insurance coverage amount
Full
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| Posted 9/22/15 7:19 AM |
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MrsB12614
LIF Adult
Member since 4/14 1986 total posts
Name:
Mrs
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Car insurance coverage amount
Full coverage with $500,000 limits
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| Posted 9/22/15 7:37 AM |
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StaceyWill
It's a girl!!!
Member since 6/10 21539 total posts
Name:
Stacey
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Re: Car insurance coverage amount
Posted by ElizaRags35
Full coverage for both vehicles
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| Posted 9/22/15 7:57 AM |
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CAH127
LIF Adult
Member since 7/07 1694 total posts
Name:
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Re: Car insurance coverage amount
Thanks. I was thinking of adding onto what I already have, from 100/300. Also SUM insurance is supposed to be important.
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| Posted 9/22/15 8:29 AM |
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chilltocam
LIF Adult
Member since 11/11 9141 total posts
Name:
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Car insurance coverage amount
We have full coverage and then some. With 2 young drivers in the house we take no chances. If you have any assets or even a decent paying job, having minimum coverage is very risky, IMO
Yes, SUM coverage is very important. If you get injured in an accident with someone who has no insurance or not enough coverage to cover your damages, you can collect from your own policy
Message edited 9/22/2015 9:13:24 AM.
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| Posted 9/22/15 9:10 AM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Car insurance coverage amount
I have full coverage on my SUV because it's newer and still has a lot of value but my DH's car is 13 yrs old and pretty much worth nothing so we have minimum coverage on his as per Geico's recommendation. Basically, we don't carry any collision on that car, if it gets totaled we don't care, it's only worth about $500-1000 at this point.
Message edited 9/22/2015 9:32:53 AM.
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| Posted 9/22/15 9:31 AM |
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Xelindrya
Mommy's little YouTube Star!
Member since 8/05 14470 total posts
Name:
Veronica
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Car insurance coverage amount
You asked amount.
I carry the highest I can buy, in this case it's $500k combined single limit.
Coverage type is ALWAYS full coverage on both my vehicles at all times. The cost savings per month vs having to just lose my car with nothing to show for it makes it an easy decision.
That's my 2001 and my 2011 14yr old truck is actually in the shop right and it's a pain but thankfully repairable. If I were to just lose it one day due to an accident *I* caused, it was stolen, it was damaged by a person who drove away (given it's low value) it was seriously mess us up. You may not care if it has minor dents and dings but if it's totalled so easily and the party who did it isn't around, it will piss you off.
All for like less than $100 a year? Mine was $40. Theoretically it's less the insurance company will pay out. They only pay after depreciation. Liability (the limits you were asking about) is the cost factor regardless of age of your car.
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| Posted 9/23/15 8:00 AM |
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