$1515 a year for three cars. '93 Supra TT, 2 x '05 tC. 100/300, $500 ded comp and collision. Includes towing, premium rental car, UM, etc., etc. It's handy to be 45 with a clean record and 16 years of coverage with the same company.
You obviously haven't been in an accident with a Porsche (or anything else valued over $50k, and yes there are a lot of cars out there worth more than $50k), nor have you been in an accident with more than one injured party, and you believe you have nothing of value to lose. Some people have assets they wouldn't want to have a lien against or be forced to sell in a bankruptcy court since it is likely the only way out of a seriously high dollar settlement beyond your insurance coverage. There are very good reasons for higher liability limits for some people.Originally posted by CandaceNicole@Jul 1 2005, 12:28 PM
As a person who works in insurance. I wouldn't recommend going a great deal higher than the legal limits of liability. It's a waste of money. I would rather have lower deductibles for comp and collision (full coverage) than to have 100/300/100. It's a little much, IMO.