- Dec 23, 2009
- Reaction score
Looking for the best coverage for the buck. I am gonna put a poll for auto insurance companies you had good experiences with and bad experience.
I work for an insurance company, but they might not be in your state. It's located in about 10 states and growing.
When shopping around, you want to get the Fitch rating of the company. You want to Google good and bad experiences of the company you're looking at. You also have to understand that different factors determine rate. It can vary from county to county. Example, my wife and I pay $800 per year where we live at for 2 cars. If we took that same coverage and moved to downtown Philadelphia, we'd pay about $3,500 per year. Other things taken into consideration by the company is driving record(s), credit score and again territory. You don't want to opt for the cheapest coverages either. Last year, at age 48, I was involved in my first at-fault accident. I'm glad I had 100/300 - that means $100,000 medical to the person I hit, and $300,000 per accident. Thank God only one person was injured fairly badly while the vehicle in front of them just had minor scratches. I have a feeling my insurance company will be paying out the maximum $100,000 to this lady once it is all said and done. You don't want to carry just the minimum because you don't want to get sued on top of it all. And, do not waive Uninsured and Underinsured motorist coverage. If you max out your medical on your policy and the other driver had the state minimum or no insurance at all, you'd be in a real bind.
Hope some of this helped out my friend.