Talk of The Villages Florida - View Single Post - Car insurance rates just had their biggest annual jump in 47 years.
Thread: Car insurance rates just had their biggest annual jump in 47 years.
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Old 09-14-2023, 05:41 PM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by retiredguy123 View Post
I have plenty of medical insurance to cover medical expenses. I also have liability, collision, and comprehensive auto insurance to cover my property and a lawsuit. The only other reason to file a claim would be for "pain and suffering", which would require a significant amount of coverage and, most likely, high attorney fees. $10K in coverage would basically be worthless. I would rather save the premium cost. The experts who recommend it are attorneys and insurance companies who benefit from it.
You make a lot of sense, until you discussed 10K in un insured motorist coverage. That is the bare minimum you can buy. Agree more coverage cost more. If you have a bad claim or a family members death, you might second guess your choice to have good un insured motorist coverage.