Car Insurance Liability limits
 

So, I've searched and couldn't see this discussion anywhere...

What do you guys have in terms of liability cover for your car insurance? I had a scary conversation today where I was told I should have $1,000,000+

I can tell you right now, I don't.

So, is this a scaremongering tactic, or should I really be looking at coverage to this amount? I was told it's really there for if you get sued...

On a side note, I've been looking at trying to get a better rate recently and submitted an online quote, then got a follow up email from an agent suggesting I use one of their other brands and providing me with a quote that was pretty close to double the quote I was given online... :eek: What's THAT about?! Needless to say they got a rather short and irate email back from me pretty much saying what were you thinking?

Re: Car Insurance Liability limits
 

$1M liability is about right, anything less isn't worth bothering with.

You smash into someone and cripple them, their medical care would kill that liability alone, never mind pain and suffering.

And yes, it is about you getting sued, because that is what would happen.

Re: Car Insurance Liability limits
 

So why isn't this the standard option. I had a look at Geico earlier, and they didn't even offer a choice for anything above $300k...

Re: Car Insurance Liability limits
 

This is interesting. I currently have a quote from AIG and I got these

Bodily Injury $100/300,000 ** Per Person/Per Accident
Property Damage $100,000 Each Accident
Medical Payments $5,000
Uninsured Motorist BI $100/300,000 Per person/Accident
Other than Collision $500 Deductible
Collision $500 Deductible w/ waiver
Towing & Labor $75.00 Per Disablement
Extended Transportation $50 Per Day / Maximum $1,500

is there anything else we should be looking at? also shouldnt there be legal fees coverage as well?

Re: Car Insurance Liability limits
 

I think most companies lump legal under the bodily injury if it's not listed separately.

It's interesting as your limits look similar to mine and I did not see an option to go above $300k.

Re: Car Insurance Liability limits
 

Because they expect people who don't have anything to lose to probably go with whatever the state minimum might be.

Re: Car Insurance Liability limits
 

I have:

Bodily injury $100,000 each person $300,000 each accident

Property damage $100,000 each accident

Uninsured motorists $50,000/$100,000

Deductible $500.

Re: Car Insurance Liability limits
 

Is this not where umbrella insurance comes into play?

Re: Car Insurance Liability limits
 

Snap, must be standard in CA or our area

Re: Car Insurance Liability limits
 

Hope it's enough.

Re: Car Insurance Liability limits
 

Won't even buy the nose job after the airbag goes off:lol:

Re: Car Insurance Liability limits
 

Here's mine, sorry for the caps I copied and pasted:

BODILY INJURY & PROPERTY DAMAGE LIABILITY
BI $250,007 EACH PERSON - $500,007 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $100,007 EACH ACCIDENT

COMPREHENSIVE ACV LESS $499 DEDUCTIBLE
COLLISION ACV LESS $499 DEDUCTIBLE

RENTAL REIMBURSEMENT UP TO $30/DAY FOR MAX OF 30 DAYS

UNINSURED/UNDERINSURED MOTORIST BODILY INJURY
$250,007 EACH PERSON -$500,007 EACH ACCIDENT

UM/UIM PROPERTY DAMAGE $100,007/ACCIDENT
$250 DEDUCTIBLE APPLIES TO PROPERTY DAMAGE

PERSONAL INJURY PROTECTION $5,003 EACH PERSON/EACH ACCIDENT

ROADSIDE ASSISTANCE

Re: Car Insurance Liability limits
 

The rest of the face will stay rock-solid though :thumbup:

Re: Car Insurance Liability limits
 

+1 that's my understanding of it.

Re: Car Insurance Liability limits
 

Can do, if you get it.