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.
View Single Post
 
Old 09-14-2023, 05:48 PM
kkingston57 kkingston57 is offline
Soaring Eagle member
Join Date: Mar 2020
Posts: 2,120
Thanks: 62
Thanked 930 Times in 540 Posts
Default
Quote:
Originally Posted by retiredguy123 View Post
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.
Who is your agent? These #s seem to be too good to be true. Our umbrella policy(2 mil) is $225 alone for 6 months.