Learn auto insurance quickly. Save $$ <br />My background in insurance: Licensed in over 35+ states, I’ve been an insurance agent for 5+ years and am currently in the top 5% sales with the 3rd largest insurance company in the U.S. I have personally helped over 5,000 people buy insurance in auto alone. <br /> <br /> <br /> <br /> <br />I am going to show you what coverages you should be asking for from your insurance agent. <br />Most common coverages used: <br />Starters: BI 25/50 PD 50 UMBI 25/50 UMPD 10 (depending on value of veh) Medical payments 5,000 <br /> <br />Middle coverage: BI 50/100 PD 50 or 100 (check price diff) UMBI 50/100 UMPD (value of veh) Medical Payments 5,000. <br /> <br />Average home owner coverage: BI 100/300 PD 100 UMBI 100/300 UMPD (value of veh) Medical Payments 5,000, road service/towing, Rental car (if requested) <br /> <br />If your vehicle is valuable then full coverage: Comprehensive and Collision. I use deductibles of 250(comprehensive) and 500 (collision). If the cost of these coverages are more than what the value of the vehicle is in a 3 year period you may want to evaluate if it’s still worth keeping. <br /> <br />Remember, it’s a risk. How much risk do you want to take? <br /> <br /> <br />States with mandatory PIP coverage <br />• Arkansas <br />• Delaware <br />• Florida <br />• Hawaii <br />• Kansas <br />• Kentucky <br />• Maryland (unless a waiver is signed at initial purchase of the policy) <br />• Massachusetts <br />• Michigan <br />• Minnesota <br />• New Jersey <br />• New York <br />• North Dakota <br />• Oregon <br />• Pennsylvania <br />• Utah <br />Certain states require insurance companies to offer PIP coverage, but allow the insured to reject it in writing: <br />• Washington[5] Once you reject the coverage it stays that way until you request it be added or start a new policy.
