Comments on: Do You Know Your Insurability?

By: My Early Retirement Journey

My Early Retirement Journey — Sat, 28 Apr 2018 19:25:58 +0000

Didn’t get asked all those questions… and with popups disabled …couldn’t get to the questionnaire…seems i’m within the range that everyone else is paying… that’s good i guess?

By: Sidd Pagidipati

Sidd Pagidipati — Wed, 18 Apr 2018 04:48:16 +0000

In reply to J. Money. Getting pains in my stomach laughing if that guy took his car on a world tour what would be the reaction from people around the world. I can bet South Asian kids would act crazy.

By: J. Money

J. Money — Fri, 13 Apr 2018 19:02:59 +0000

In reply to Ann Marie. Good job!! Now the more fun question - what will you be doing with this $50/mo in savings? :)

By: Ann Marie

Ann Marie — Fri, 13 Apr 2018 17:32:54 +0000

I drive a 2010 Honda Civic. I was paying $163/month with Liberty Mutual, and JUST changed over yesterday to $115/month (knocked down to $105/month paying in full for the year) with Geico – same coverages. To avoid the 5% fee on the total premium for leaving a policy early – I’ll start this up in June 2018 (2 more months of the higher rate makes more sense than the 5% fee).
Grateful it was suggested to shop this rate with Geico, another carrier offered me a lower rate, but I had an outstanding issues from 2016 that needs 2 years to wipe off my insurance record – argh! Motivation for even safer, more aware, driving!!

By: JoeHx

JoeHx — Thu, 12 Apr 2018 18:26:33 +0000

Interesting site, but I don’t like that they made me give an email and phone number to see my score. I just want to look, not get sales calls. Fortunately I was able to use a burner email and phone number.

My number ended up being 915 with a rate of about $50 – $140 depending on coverage. It did look as if what was included in their “minimum” did not include the legal minimum required for my state, namely uninsured motorist insurance.

By: J. Money

J. Money — Thu, 12 Apr 2018 13:51:08 +0000

In reply to Jennifer 2. sounds like a damn fun hobby :)

By: Jennifer 2

Jennifer 2 — Thu, 12 Apr 2018 13:23:08 +0000

In reply to J. Money. Yeah, he got lucky and bought a Master Mechanic's project car. So the body of the car is old, but almost everything under the hood was new when he bought it. He was able to buy it for $4K only because he was likely one of the few people around who could take it and finish putting it back together.

By: J. Money

J. Money — Thu, 12 Apr 2018 11:17:24 +0000

In reply to Breezy.

Totally! Very important considerations!

I didn’t include just to keep the post more focused on the tools here, but if you’re specifically asking me I’ll have to go look it up now :) (It’s been a while!)

Here we are:

— Comprehensive and collision coverage with a $200 deductible
— Car replacement assistance ($10 extra for 6 months),
— Bodily injury @ $300,000/$500,000
— Property Damage at $100,000
— Uninsured Motorists Bodily Injury @ $300,000/$500,000
— Uninsured Motorists Property Damage @ $100,000
— Personal Injury Protection @ 2,500 per person
— Medical Payments @ $5,000 per person

And then I have Umbrella Insurance as well that helps cover all REALLY crazy situations….

My wife’s car insurance is a lot different too since her car is much older and not as valuable, but yeah – hopefully this gives you a better look :)

By: J. Money

J. Money — Thu, 12 Apr 2018 11:05:50 +0000

In reply to Karen.

That’s an interesting catch actually – that they can’t tell if you have other types of insurance w/ these companies that could lower it drastically! I’d imagine once you clicked over to the insurer’s site though and went through the process it would all come up and be included, but yeah – only if it doesn’t scare you off initially :)

By: J. Money

J. Money — Thu, 12 Apr 2018 11:02:31 +0000

In reply to Kris. Oh wow - never heard of that setup before? Thanks for sharing it!