Last post on May 09, 2013 at 1:37 PM
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#5151 of 5324 Re: Picking a collision ins. deductible , vs "Limited collision" [marsha7]
Jan 17, 2013 (8:58 pm)
Basic Liability is needed to have UMPD endorsed onto the policy.
#5152 of 5324 Re: Picking a collision ins. deductible , vs "Limited collision" [Mr_Shiftright]
Jan 17, 2013 (9:01 pm)
Not really because in phantom driver and hit and run cases, the deductible is just more. Not being able to identify the culprit & you're screwed is a myth.
#5153 of 5324 Re: 28firefighter [marsha7]
Jan 17, 2013 (9:04 pm)
So the cars that we have are not entirely reflective of our assets and makes me feel even better about the coverage we chose. We did also do a $1 million umbrella along with our renters insurance because it was basically free when factoring in the discount.
Jan 18, 2013 (8:39 am)
We have 21st Century now and had Geico previously and we pay around $1700/yr for our two econo cars with upper average limits. Can anyone recommend some other companies to try? We're both in our late 50's and have taken the mature driving classes recently. State Farm and Allstate are always way high with their quotes...we are AARP members also. The wife puts maybe 15k/yr on hers but I only go maybe 1500 miles/yr if I'm lucky.
Any suggestions here?
#5155 of 5324 Re: Picking a collision ins. deductible , vs "Limited collision" [euphonium]
by Mr_Shiftright HOST
Jan 18, 2013 (9:48 am)
well if it's a myth then it's a myth that actually happened to me !
Actually, that's only partially correct. I didn't play fair.
You're screwed if you have UM but no collision / comp AND you can't identify the culprit.
#5156 of 5324 Re: South Florida [sandman_6472]
Jan 18, 2013 (11:25 am)
You might try Farmers Ins. It would seem that you fit their profile, mature settled folks.
#5157 of 5324 Re: South Florida [houdini1]
Jan 18, 2013 (1:11 pm)
Farmers bought out 21st Century from the information I received. I tried USAA since both my folks and my father-in-law were all military during World War 2 but they told me we can't join up. From their commercials on t v though, they make it sound like being in the military or a descendant of one is eligibility enough. Something doesn't make sense here. I wonder if anyone else in here knows about the requirements for USAA?
#5158 of 5324 Re: South Florida [sandman_6472]
Jan 18, 2013 (4:56 pm)
I got a membership because my step-dad was a member. Are your parents or father-in-law members? Maybe they have to be members so you can join? USAA should be able to tell you how to qualify.
Jan 18, 2013 (5:52 pm)
Okay, how many of you know your rights?
Does your insurance policy cover what's in your trunk if your car is stolen?
HINT: It's all in the very teensy fine print.
#5160 of 5324 Re: 28firefighter [28firefighter]
Jan 18, 2013 (6:38 pm)
Most of my thoughts revolve around having as much protection as you can afford, and for many, insurance may not be a major expense...granted, for some who have bad driving records or have young drivers to insure, high limits may be too expensive...but, morally, I believe that you should havce as much coverage as possible, simply because that if you cause serious injuries, that injured party should be fairly compensated if you caused the wreck...and, yes, I am a personal injury attorney, so I have a vested interest in everyone having high coverage limits, BUT SO DOES THE INJURED PARTY!!!
Something else to check into, a rider that I have...you say you have a 1 mil umbrella policy, and that is good...you need to check and see if that 1 mil policy is only for your liability to others...I believe you also need (and I have) a 1 mil umbrella for my Uninsured/Underinsured policy, which also has base limits of 100/300...my company (Cincinnati) sells them separately, so a umbrella policy for liability (what I may do to others) and what others may do to me (U/M)...this way, if I am seriously injured, and the other clown has no insurance or minimum coverage (25K), I can collect from my own U/M policy for my injuries caused by him...remember, if he is a worthless piece of trash, I can get my million dollar judgment against him, but how will I collect???
Hence, the need for the million dollar umbrella U/M policy...some comapnies combine the umbrellas into one umbrella policy, but I will bet you many folks out there have great coverage for their liability, but have moderate coverage for U/M...100/300K is good, but, since anyone may be seriously injured, it was only another $155/year to cover MY injuries up to one million $$$...
Food for thought...