That is true for collision and comprehensive insurance. But, when I traded in a 13 year old car for a new vehicle, my total insurance premium actually went down because of a lower liability rate.

Milewise Auto
 

Got mine with Emery Abshier Allstate. I put 6,000 miles a year on my vehicle.The Milewise program changes me a per mile rate. With 100/300 BI, 300,000 property damage, UM 100/300, Med Pay 5,000, Comprehensive with -0- ded, Collision 500 ded, rental and towing my premium runs $450 for six months. Call their office for a quote. Very knowledgeable, friendly office.

Those liability coverages are too low for people with a decent amount of assets. It doesn’t cost much to increase the limits.

To shop your auto insurance policy every year, can you do this on the Internet, or do you have to actually call agents from other companies?

True. But, note that you may need a separate umbrella policy to increase the liability limits. That will increase your cost. I found that many auto insurance companies will only sell you liability coverage of up to $250k. I have $1 million in liability with State Farm, but Geico maxed out at $250k. Also, the $100k per person coverage for uninsured motorists insurance is almost totally worthless if you ever sue the company for "pain and suffering". Someone like Dan Newlin would probably not even take the case for that low amount. I don't bother buying any UM coverage because it is not worth the cost.

I pay a horrendous amount of 3,000/year to State Farm which includes safe driver discount for a new 2023 Toyota RAV4 and I’m 85 years old.

I had geico for over 20 years. This year they hit me with a huge increase. I got a quote from Allstate that was a bit over one half of what I was paying to Geico. I called Geico, told them about the competing quote, we discussed my 20+ years of being with them, one deer collision in the 1990's. They couldn't have cared less. I switched to AllState. Better coverage for just over 1/2 the cost. I am sure there are reasons, but they are beyond me.

Both. Villages insurance and other independent brokers can shop multiple companies. Takes 5 minutes

Gladys, tickets aren’t the whole story behind Ins.? Ask your Ins. Company, accidents in your area has a lot to do with it too. You know EV’s & the expense of owning one will drive up your Ins. rates. Just a little speculation your Ins. will go up next yr. & maybe beyond. Don’t care if anyone agrees with me or not, they will!

For starters you don't have to sue the insurance company for UM benefits. Just as you don't have to sue them for collision benefits or any other first party coverage benefits.

So let's assume an 80 year old person has two broken legs and other assorted injuries caused by and uninsured motorist. Value clearly worth 100K or more. Call big Dan Newlin. He calls insurance carrier and gets 100k in about 1 hour and keeps $33,000. In such a case any individual can get the 100K with out Dan's "hard work"!

There is no amount too low for a plaintiff attorney to pass up! And everybody needs UM coverage.

I appreciate your input. But, in a case of two broken legs and other injuries, wouldn't my health insurance company be first in line to collect that $100k for medical bills? In my case, I have an annual $6,000 catastrophic limit on my health insurance after which, I pay zero money out of pocket. That is the most I can ever pay for medical treatment in a year. So, how would I benefit from having $100k in UM coverage, most of which would go to my health insurance company for medical bills? There would be no money left over for a pain and suffering claim.

Recovery rights of Medicare and any health care provider are solely against the liable party. They have no rights of recovery against any first party coverages purchased by an injured party, to protect their interests. So they don't have access to your UM benefits.

I had a long talk with a national Progressive agent. He told me New York state and Florida have (on average) the highest rates in the country. He said it was due to the high percentage of non English speaking illegal aliens driving without insurance or licenses.

:ohdear::ohdear:

That number (85) is the reason. Bet you had a big jump in premiums at 80 and 75 too. It's a step function premium. Wait 'til you get to 90!!!!

Mine went up 30% this year. My independent agent shopped around and I went online too. Still no better deal out there. Progressive, Allstate, State Farm, AARP Hartford and GEICO were way off the mark.

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