Is $350 a month for liability on 1 car and full coverage on another too much ? I'm in Denver
Posted by Other-Sir4707@reddit | projectcar | View on Reddit | 8 comments
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HickBarrel@reddit
I have full coverage on 3 cars. 97 Mitsubishi, 12 Armada, 13 Hyundai Equus. I pay about $160 a month through State Farm. Late 30s, no recent accidents or tickets, but plenty in my youth.
kabobkebabkabob@reddit
To me that's insane. I pay like 160/mo for liability on 3 vehicles (all 30+ years old) and personal property.
beermaker@reddit
I pay $65/mo to insure my 68 Scout in northern California... Early 50's with a clean record. I'd say your quote is a little steep but your demographics and driving record are unknown.
Other-Sir4707@reddit (OP)
45yr old male with 1 speeding ticket 15yrs ago. 2011 subaru impreza hatchback and 2019 subaru forester. Currently have allstate insurance.
beermaker@reddit
We have AmFam... we also insure our 08 Volvo XC90 which is a salvage title. Neither of us have a commute, so we report extremely low mileage on our vehicles. My wife's premium is a few dollars less than mine, but we only have liability, uninsured driver, and roadside assistance on both cars. We've never had full coverage and thankfully haven't needed it yet.
Our insurance rates actually dropped moving from an urban area in the midwest to a semi-rural area on the West Coast. Our vehicles make/models aren't exactly targets for theft either, which can be a factor.
My understanding is there's a moratorium on how long insurance companies can use violations against you depending on your state. Misdemeanor offenses typically 3-5 years, gross misdemeanors like OUI and reckless driving can take a decade where I live.
thefriendlyjerk@reddit
Even if Reddit unanimously says it's too much, what's your next plan? You should just search around for quotes from carriers available in your area, and make your decision from there. There are so many factors that go into insurance rates, it can vary widely from person to person, even if a lot of factors between the people are similar.
K-Monk_E4@reddit
Not knowing the vehicles you’re getting quotes on, it seems very expensive to me. You are in Denver so that could contribute to that. Not sure of your age either.
We pay 175 for a 12 highlander and 99 taco, full coverage. I’m older.