Insurance??

I have comp/collision, 60/30K, 100K liability, glass, uninsured/underinsured, plus something that gives me most of the "incidental" coverage that the Toyota Extended insurance does... fob replacement, tow truck, motel coverage, etc. Oh, and a totalled Prius = a replacement Prius.

Our insurance agent assures us that we are well covered.

 

Coverage is a relative thing depending on what one runs into. I often wondered if the dirty little secret that insurance agents don't want us to know is it's minimal extra money to maximize your coverage. Where they would let us we maxed it. Bodily injury to 300k/300k, property damage to 200k, under/uninsured to 100k/300k. Made our comprehensive deductibles 1k. Full glass coverage. Also good to have an umbrella plan to protect one's home equity, savings, etc. We still need to do that.

 

I have a 04 Pilot that is insured for business, and a 08 pkg#6 Prius.
After being bent over by Allstate for 18yrs I switched to a broker out of Peoria, AZ. Berwick Himes Insurance - 15256 N 75th Ave. Peoria, AZ 85381.

I Pay $455 a Year for the Prius, and $539 Year for the Pilot
through Houston General. Neighbor has them and had to file a stolen vehicle claim and they were just as good as Allstate in customer support.

100/300k for bodily, property, uninsured, underinsured.
$250 deductable


Now they base insurance rates on a few things.
1. credit score
2. driving record
3. multiple car discount
4. Zip code you live in

I hope this helps some people out.

 

Guess I'm a luck retired Air Force, I have USAA and pay $508 every six months. We have no fault insurance in Florida so our premiums tend to be higher to cover those individual's who don't insure or under-insure.

 

You're right, price is meaningless without a listing of what you are buying and I left out the coverage I purchased:

Bodily Injury: $250k pp / $500k pa
Property damage: $100k pa
Uninsured motorist bodily injury: $250k pp / $500k pa
Underinsured motorist bodily injury: $250k pp / $500k pa
medical payments: $5k pp
Comprehensive: $500 deductible
Collision: $500 deductible
full glass
pa = per accident pp = per person

These days I think it's a good idea to have a $1M umbrella policy covering auto and home.

Next time I renew I'm definately asking about the full replacement coverage (not depreciated value coverage) in the event the car is totaled.

 

I did an online quote request for both auto and home insurance. Allstate, State Farm, Farmers, and AIG are expensive. Liberty Mutual was about 20 to 25% lower. And you gotta love those insurance sales people that call to give a quote but first want to know what you're paying now. Gee I can't recall.

 

For me, Allstate was my insurer for 20 years.

Notwithstanding my long term relationship with Allstate, when I got my Prius GEICO's premium was about 45% less than Allstate's.

When I went to Allstate to see if they could match GEICO's premium, Allstate could not even come close.

 

As with most, we bundle our home and auto. Been with AIG for 3 or so years. And they were reasonably good when we started with them. Since then they've been increasing steadily. This year was ridiculous with a 37% increase in home and 25% in auto. One insurer I talked to said their company was aware of AIG's premium increases. Probably getting alot of business. I think AIG is announcing earnings at the market close today.

 

I see why they cranked our rates up... AIG reported a nearly $8 billion loss in the first quarter. They lost big in the mortgage credit mess.