Confirm Action

Are you sure you wish to do this?

Confirm Cancel
Member Login

Site Notices
Posted: 6/29/2015 6:24:23 PM EDT
Car insurance, what limits you guys carry?

I carry 500 K across the board

We had a family member who got into a pretty bad accident some years back with one of our vehicles.

He caused the accident and the property damage went up to $49875.00

We only had a $50K  limit back then.

So if you hit a Mercedes worth $200 K and only have $50k you're screwed  

Pretty scary thinking you can lose your house over a car accident.

2 things happened after that, we raised our insurance limit to 500 K and we never lent out a vehicle ever again.

Link Posted: 6/29/2015 6:29:26 PM EDT
I had 100/300K liability/comprehensive, 25000 medical and 100/300K for uninsured/underinsured..and it wasn't enough for the big accident I was in..wishing I had 500/1mil  100K med and 500/1mil for under/uninsured... but thats spendy..better idea maybe my original coverage along with a  1 mil.catastrophic policy...
Link Posted: 6/29/2015 6:38:39 PM EDT
250/500/100 with a $2mil umbrella on top of that.
Link Posted: 6/29/2015 6:50:07 PM EDT
State minimum.  I live on the edge.
Close Join Our Mail List to Stay Up To Date! Win a FREE ARFCOM Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive one email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.

By signing up you agree to our User Agreement. *Only subscribers with a registered ARFCOM account are eligible to win.
Top Top