I own progressive auto insurance wondering what you assume of my plan?
I just got the straightforward liability coverage 1995
Chevr
BODILY INJURY & PROPERTY DAMAGE LIABILITY $179.00
BI $50,000 EACH PERSON - $100,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $50,000 EACH ACCIDENT
MEDICAL PAYMENTS $10,000 EACH PERSON $32.00
UNINSURED MOTORIST $6.00
$50,000 EACH PERSON - $100,000 EACH ACCIDENT
UNDERINSURED MOTORIST $6.00
$50,000 EACH PERSON - $100,000 EACH ACCIDENT
Premium by Vehicle $223.00
Total Policy Premium $223.00
Is that gonna cover me in a wreck or is that hardly nil i just want to make sure im covered if i hit someone so i dont hold to pay for all of here cost
anyone go through proggressive it seems close to they have a lot of exclusions i would antipathy to get screwed on a exclusion
Thanks
Progressive is a great company.
You are barely covered. There is no coverage for YOUR sports car, at all. And you'd better have apt health insurance, because those medical payments aren't going to go far, if you're within a big accident.
Progressive uses their own form, which IS more restrictive. In other words, if the driver isn't listed on the policy, and they live beside you or have access to your car (like a bf/gf), they aren't covered driving your coupé.
Clearly, your asking for someone here to act as your agent. Which is dumb, as laws ebb and flow by state, and we don't know what state you are in. You CAN find an agent who uses Progressive, if you want to stick with them, but you'll hold to rewrite your policy. Or, call Progressive, to ask THEIR opinion of the coverages.
Your coverage is plenty if you just damage their saloon. If you seriously injure or kill them, then your coverage is not plenty. You are only covered for $50,000 per person or $100,000 per catastrophe. Lawsuits for millions of dollars or more are not uncommon.
"> Your limits of liability are means of access too low. $50,000 per person/$100,000 per accident will not be enough if it is a serious chance. $50,000 property damage per accident might be okay if you individual damage one car, but what if more than one vehicle is shabby or what if there is damage to other property? Two big things to remember when it comes to liability: (1) It is usually inexpensive to increase the limits and (2) a judgment last forever - even if you don’t have money someone can go after very soon, if you are at fault and a judgment is placed against you, you are - powerfully - screwed. Get quotes to go up as high as they’ll write on liability boundaries.
Everyone else here has given you great advice. Listen to what they’ve told you. Then, step to an agent! I’ve listed a link below where on earth you can find a reputable agent in your area.
Source(s): www.trustedchoice.com
Your coverages are very low. $50,000 won't cover much if you injure someone in a vehicle accident. You should find out your states wrongful death law to see how much you can be sued for if your respnsible for killing someone with your sports car. You should then carry that much liability coverage on your vehicle. In my state, you can be sued for $500,000 so I fetch that much in BI coverage on my vehicle.
Others above are saying you should hold physical damage coverage on your vehicle (comprehensive & collision), but due to the age of your vehicle, it really isn't worth it as your vehicle is not worth much. Source(s): Insurance Agent
I am guessing you are young or enjoy a poor driving record. That is a high rate for liability lone coverage on a 1995 Chevy (unless it is a Corvette).
If your car is paid sour, don't worry about protecting your vehicle. It isn't worth getting insured since it is 14 years older (not worth much).
Make sure you shop around. You might want to try Allstate, AAA, Esurance, and Geico. Progressive is a respectable company, but they are always on the high failure, pricewise, when I get quotes.
You really should get at lowest 100/300/100 coverage and most agents would recommend 300/500/300.
With your coverage now, if you cause an quirk that causes major injuries to multiple associates, you are screwed.
I do not know how progressive is as a company. But the limitations you put above are great except for a few things. It does not include collision coverage and that is the most expensive coverage there is and i.e. why they left it out. Collision covers you is someone hits your car and take off, hit and run. It also covers you if the accident is your guiltiness then the insurance company pays to have your vehicle fixed. Without collision you are out of luck if the accident is your fault. You are also missing comprehensive, which is nicking and vandalism. Other poster is right. You have no coverage for your own car.
Also, you do not own rental car coverage, but that is not a big treaty unless you really need a car while your motor is being repaired.
And, actually a 3rd piece I am not sure you are getting is uninsured property damage. You do not list it but it is vastly cheap and you should have it, it is a must.
Out of everything I put there the most high-status coverage your missing is collision. If you have a newer car or your saloon is being financed, you must have it. So, beckon back and get a quote near it. Then call around some other companies too and see who give you the best matter.
Most companies are good, Stay away from Mercury.
Related Questions:
Chevr
BODILY INJURY & PROPERTY DAMAGE LIABILITY $179.00
BI $50,000 EACH PERSON - $100,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $50,000 EACH ACCIDENT
MEDICAL PAYMENTS $10,000 EACH PERSON $32.00
UNINSURED MOTORIST $6.00
$50,000 EACH PERSON - $100,000 EACH ACCIDENT
UNDERINSURED MOTORIST $6.00
$50,000 EACH PERSON - $100,000 EACH ACCIDENT
Premium by Vehicle $223.00
Total Policy Premium $223.00
Is that gonna cover me in a wreck or is that hardly nil i just want to make sure im covered if i hit someone so i dont hold to pay for all of here cost
anyone go through proggressive it seems close to they have a lot of exclusions i would antipathy to get screwed on a exclusion
Thanks
Progressive is a great company.
You are barely covered. There is no coverage for YOUR sports car, at all. And you'd better have apt health insurance, because those medical payments aren't going to go far, if you're within a big accident.
Progressive uses their own form, which IS more restrictive. In other words, if the driver isn't listed on the policy, and they live beside you or have access to your car (like a bf/gf), they aren't covered driving your coupé.
Clearly, your asking for someone here to act as your agent. Which is dumb, as laws ebb and flow by state, and we don't know what state you are in. You CAN find an agent who uses Progressive, if you want to stick with them, but you'll hold to rewrite your policy. Or, call Progressive, to ask THEIR opinion of the coverages.
Your coverage is plenty if you just damage their saloon. If you seriously injure or kill them, then your coverage is not plenty. You are only covered for $50,000 per person or $100,000 per catastrophe. Lawsuits for millions of dollars or more are not uncommon.
"> Your limits of liability are means of access too low. $50,000 per person/$100,000 per accident will not be enough if it is a serious chance. $50,000 property damage per accident might be okay if you individual damage one car, but what if more than one vehicle is shabby or what if there is damage to other property? Two big things to remember when it comes to liability: (1) It is usually inexpensive to increase the limits and (2) a judgment last forever - even if you don’t have money someone can go after very soon, if you are at fault and a judgment is placed against you, you are - powerfully - screwed. Get quotes to go up as high as they’ll write on liability boundaries.
Everyone else here has given you great advice. Listen to what they’ve told you. Then, step to an agent! I’ve listed a link below where on earth you can find a reputable agent in your area.
Source(s): www.trustedchoice.com
Your coverages are very low. $50,000 won't cover much if you injure someone in a vehicle accident. You should find out your states wrongful death law to see how much you can be sued for if your respnsible for killing someone with your sports car. You should then carry that much liability coverage on your vehicle. In my state, you can be sued for $500,000 so I fetch that much in BI coverage on my vehicle.
Others above are saying you should hold physical damage coverage on your vehicle (comprehensive & collision), but due to the age of your vehicle, it really isn't worth it as your vehicle is not worth much. Source(s): Insurance Agent
I am guessing you are young or enjoy a poor driving record. That is a high rate for liability lone coverage on a 1995 Chevy (unless it is a Corvette).
If your car is paid sour, don't worry about protecting your vehicle. It isn't worth getting insured since it is 14 years older (not worth much).
Make sure you shop around. You might want to try Allstate, AAA, Esurance, and Geico. Progressive is a respectable company, but they are always on the high failure, pricewise, when I get quotes.
You really should get at lowest 100/300/100 coverage and most agents would recommend 300/500/300.
With your coverage now, if you cause an quirk that causes major injuries to multiple associates, you are screwed.
I do not know how progressive is as a company. But the limitations you put above are great except for a few things. It does not include collision coverage and that is the most expensive coverage there is and i.e. why they left it out. Collision covers you is someone hits your car and take off, hit and run. It also covers you if the accident is your guiltiness then the insurance company pays to have your vehicle fixed. Without collision you are out of luck if the accident is your fault. You are also missing comprehensive, which is nicking and vandalism. Other poster is right. You have no coverage for your own car.
Also, you do not own rental car coverage, but that is not a big treaty unless you really need a car while your motor is being repaired.
And, actually a 3rd piece I am not sure you are getting is uninsured property damage. You do not list it but it is vastly cheap and you should have it, it is a must.
Out of everything I put there the most high-status coverage your missing is collision. If you have a newer car or your saloon is being financed, you must have it. So, beckon back and get a quote near it. Then call around some other companies too and see who give you the best matter.
Most companies are good, Stay away from Mercury.
Related Questions: