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 09-15-2023, 06:26 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,568
Thanks: 3,080
Thanked 16,732 Times in 6,620 Posts
Default
Quote:
Originally Posted by Blueblaze View Post
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.
I had a million dollars in liability with Allstate, and now I have the same amount with State Farm. Several other companies I got quotes from would only offer $250K, which I think in inadequate if you have a personal injury lawsuit against you.