My Account
Sign up, and you'll be able to customize your font size and more!
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Jun 19, 2024
3:55
:23
pm
Big Daddy D
All-American
This woman knows what she’s talking about.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
Big Daddy D
Bio page
Big Daddy D
Joined
Jul 3, 2003
Last login
Jun 29, 2024
Total posts
39,490 (3,726 FO)
Report problem with this ad
Messages
Author
Time
What should my liability limits be on my car insurance?
jrob30
Jun 19, 3:28pm
If you have assets to protect they should be high. If you don't you could risk
johnnybyu
Jun 19, 3:33pm
Large enough that you can also buy an umbrella policy.
Madam Pattirini
Jun 19, 3:37pm
Usually that's $500K, right?
Ragnar Danneskjold
Jun 19, 3:39pm
That's what Allstate required
Skeptical Optimist
Jun 19, 3:41pm
Most carriers require 250/500. If you can’t get one from your carrier, there are
blueaussie
Jun 19, 3:43pm
Thanks. I might do that. My son leaves on his mission in a month, so I will re-visit auto / umbrella then.
Ragnar Danneskjold
Jun 19, 3:54pm
We have a standalone umbrella carrier that shouldn’t have a problem with teens.
blueaussie
Jun 19, 3:55pm
The provider Geico uses requires 300/300. It cost me $270/year for $1M umbrella.
OnEMoReTrY
Jun 19, 4:12pm
They told me $500K. Maybe because I live in one of the stupid states.
Ragnar Danneskjold
Jun 19, 4:46pm
This woman knows what she’s talking about.
Big Daddy D
Jun 19, 3:55pm
100/300 minimum but preferably 250/500 or higher.
blueaussie
Jun 19, 3:41pm
There's enough ambulance chaser lawyer ads on TV now to make anybody think
Skeptical Optimist
Jun 19, 3:41pm
We do minimum on autos and house with an umbrella policy to cover excess liability
roseyscenario
Jun 19, 3:46pm
Where do you get an umbrella with state minimum limits on your home and auto?
blueaussie
Jun 19, 3:47pm
Prob meant minimum needed to get the umbrella.
rainorsnow
Jun 19, 3:47pm
That would make sense.
blueaussie
Jun 19, 3:49pm
Yes, that's right. Use State Farm. Whatever we had to do to qualify for umbrella, which we should probably increase.
roseyscenario
Jun 19, 3:56pm
Yes, if you have any assets, you definitely should. Umbrellas are cheap coverage
blueaussie
Jun 19, 4:00pm
Increasing liability limits won’t cost much, in most cases, so it’s not much of
rainorsnow
Jun 19, 3:47pm
You should insure to the limit of your personal assets you want to
JimmyZ
Jun 19, 4:05pm
Higher limits increases ambulance chaser interest. Most cases will settle at
88Coug
Jun 19, 4:11pm
While true the insurance company is going to fight a lot harder to not give up
johnnybyu
Jun 19, 5:15pm
Look, the average PI guy is much more motivated the higher the limit. They
88Coug
Jun 19, 6:53pm
If you have assets, their lawyer isn’t going to stop at your liability limits
Skeptical Optimist
Jun 19, 9:05pm
If you think that, you don't know PI attorneys.... they stop at policy limits
88Coug
Jun 19, 9:56pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad
