Quote:
Originally Posted by retiredguy123
I don't have a brother-in-law. I switched from Allstate about 2 years ago because they raised my premium by 32 percent on renewal after being a customer for 27 years. I found that some companies would not provide more than about $250K in liability coverage. I feel like a million dollars is needed to have any real protection against lawsuits. My numbers are accurate and I didn't make them up.
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Well, we have the Allstate experience in common. But I dropped them 15 years ago when they showed up at a house closing to inform me that they were pulling out of Texas over a hurricane that ruined a bunch of houses on the beach and then passed over my house 80 miles away without so much as loosening a shingle. After leaving me hanging at a closing, I wouldn't buy Allstate today if it was free.
I checked State Farm and did not see any million-dollar liability offering, but their 100/50 coverage was much less than USAA, even though their collision/comprehensive was slightly higher. Since liability now comprises most of the coverage, it looks like I can save about $400 per year by switching, since Statefarm's liability is a mere 1.79 times the vehicle insurance.
Thanks for the tip. Since you've only been with them a couple of years, it's probably just a loss-leader and I'll wind up going back to USAA, but $400 is still real money to me. I'll take it.