View Single Post
Old 02-26-2001, 07:04 PM
longston's Avatar
longston longston is offline
Another View. . .
Join Date: Dec 2000
Location: Mark West, CA
Posts: 787
New Insurance Thread?

I carry full insurance on both of my cars. State Farm is the only insurance carrier who can beat my rates because they operate on a seniority basis, offering lower rates for customer loyalty. Here's what I would pay for coverage on my 18 year old Mercedes through GE:

Bodily Injury Liability:
$50,000.00 per person /$100,000.00 per occurrence = $129.10

Property Damage Liability: $25,000.00 = $ 60.10

Excess Medical Expense: $1,000.00 per person = $ 8.40

Uninsured/Underinsured Motorists Bodily Injury:
$30,000.00 per person /$60,000.00 per occurrence = $ 22.80

Actual cash value minus $500.00 deductible = $ 58.00

Towing & Labor (Road Service):
$50.00 per disablement - INCLUDED

Rental Reimbursement:
$25.00 per day to a maximunm of $750.00 - INCLUDED

Actual cash value minus $500.00 deductible = $123.50

Total yearly premium - = $401.90

If I understand your figures correctly, you pay $309.74 without collision, so if I deducted that from my projected policy, I would be paying a whopping $278.40, a whole $31.34 less per year than you.

And I know the answer to the trivia question, but why spoil it for someone else?
"We drive into the future using only our rearview mirror."
- Marshall McLuhan -

Scott Longston
Northern California Wine Country...
"Turbos whistle, grapes wine..."
Reply With Quote