Quote:
Originally Posted by Blueblaze
I guess if you drive a Rolls Royce you might manage to get a bill from State Farm where a million dollars of liability would be half your vehicle coverage.
Here in my world, these are the actual figures from USAA for a 2020 Kia Sorento and $150K of liability insurance:
-----------------------------------------------------------------
Total 6 month premium $618.65
Comprehensive $29.44
Collision $91.89
Total vehicle insurance $121.33
Bodily injury ($150K) $211.33
Property Damage ($50K) $77.39
Work loss $53.81
Total liability insurance $342.53
% liability compared to comprehensive/collision: 282%
Uninsured motorist $154.79
% Uninsured motorist compared to comprehensive/collision: 128%
-----------------------------------------------------------------
I would be very tempted to drop the uninsured motorist if we never carried any passengers. But my wife is always driving her quilting buddies to some "retreat" or other boondoggle, and with all the illegal "migrants" on the roads in Florida, that just seems like a sucker bet to me.
But I'll call a State farm guy, just to make sure USAA isn't picking my pocket. USAA has been the cheapest every time I've checked, but who knows? It sure would be interesting to see the numbers on your Rolls, though.
|
To clarify, here are my actual State Farm rates. I did forget to include the property damage liability premium in my original post. I drive a 5 year old Ford Escape, not a Rolls.
Bodily injury liability, $1 million - $180.25
Property damage liability, $500K - $56.93
Comprehensive, $500 ded - $43.24
Collision, $500 ded - $82.30
No fault, mandatory - $33.68
Total 6 month premium - $396.40
Note that my premium would be a lot less if I reduced the liability coverage. Regarding uninsured motorist coverage, if I drive someone around in my vehicle and they get injured by an uninsured motorist, I consider it their problem. But, if I cause an accident, I have liability insurance for my own liability. Good luck.