Quote:
Originally Posted by retiredguy123
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.
|
So your liability for 7 times the coverage is a third less than mine, and only 46% more than your vehicle coverage -- even though your vehicle coverage for a smaller, older vehicle is more than mine. Something's off here, but the insurance industry is so filthy with totally made-up numbers that I would never accuse you being the one who made them up.
I just find it a little hard to believe that a million dollars worth of liability from State Farm is a third less less than $150K from USAA. But I'll check and apologize profusely here if they offer me that deal.
By the way, State Farm is famous for their teaser rates to get you to switch. Could that be the answer? How long have you been with them? Or is your agent your brother-in-law?