Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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#17
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EVERY state is contributing to high insurance shipping cost including the states you drive through to get between said states. What about wild fires/floods in the western states excluding CA.? |
#18
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#19
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KIA and HYUNDAI thats why I didnt buy those cars easy to steal from my ins lady said your lucky if you can find one that will cover you too ! |
#20
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#21
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Car Insurance is extreme
For those who feel they still have a reasonable annual rate, it will change.. We are carrying homeowners insurance on a house we no longer own because it is bundled under AAA until July. It is cheaper than moving to an auto only policy and paying the same rate for 6 months that we did annually.
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#22
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Lawyers rates are governed. Biggest problem is that juries have rewarded their clients immensely and no control over them. Just like the old McDonalds hot coffee case. Medical malpractice damages have been capped and now it it hard to get a good lawyer to handle a legitimate medical malpractice case. Lawyers will always find ways around the rules
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#23
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#24
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There are lots of things to like about Florida, but property and casualty (homeowners and auto insurance) is without a doubt NOT one of those things. The best I could do for our 2005 BMW convertible in Florida was $610 for 6 month’s coverage. I registered the Beamer in Massachusetts and added it to our existing policy up there and we now pay an ANNUAL premium of $1,245 for three vehicles, the Beamer, my truck, and my wife’s Honda SUV. The only bummer is that I now have to get an annual inspection on the Beamer, but it’s exempt from the emissions portion of the inspection because of its age so I don’t have to replace the expensive catalytic converter which actually makes the car run worse.
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#25
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That is very cheap. I have no citations, no accidents, my car is garaged. I’m paying more than that and I have full coverage and a high deductible, That quote is very odd. I paid that years ago before rates increased.
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#26
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Wouldn't an umbrella policy be a better option?
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#27
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An umbrella policy is an option, but you need to max out your liability coverage on your auto and homeowners policies, and then pay the umbrella premium. Umbrella policies are not as cheap as some people claim. With State Farm, I can get $1 million liability coverage as part of the auto policy alone, which, to me, is more important than liability coverage on my homeowners policy. I have $500K liability on my Progressive homeowners policy. Many companies do not sell high liability limits for auto insurance. Two companies that do are State Farm and Allstate.
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#28
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A few years ago, I switched from Allstate to State Farm, and my 6-month policy went from $650 to $325. It is now $424. I have full coverage for collision and comprehensive, a $500 deductible, and $1 million in personal liability. Note that I do save money by rejecting the optional uninsured motorist (UM) coverage, which I consider a waste of money. Some people disagree with that. See other threads about UM.
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#30
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All pretty basic stuff: Insurance costs for cars are based on risk. If models are in demand for thieves, if models have issues which make them more prone to accidents, if lawyers can entice people with high payouts for injuries, etc, etc, etc. They need to take all of that and much more into consideration while insuring they can also meet operating expenses and earn a profit when they determine rates. You could be a terrific accident and claim free driver and still need to pay a share of their costs
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