Originally Posted By: Bladecutter
Originally Posted By: Nick1994
I can't believe the tons and tons of people who ride around with the state minimum here $15,000/$30,000 for bodily injury and $10,000 for property damage.
Let's say for some reason my brakes fail, I ran a red light, and hit a newer BMW which is a pretty common car. If it were T-Boned at 40-45 mph I'm sure it would be totaled.
How on earth could the state minimum $10k of property damage coverage cover that car? It could be a $60,000 car.
My dad's a licensed insurance agent/adjuster, no way I'd be caught without proper insurance. That's like a firefighter's kid going around lighting stuff around town on fire.
And that right there is why I keep full coverage on all of our vehicles.
Too many people are under-insured. If they hit you, and you don't have enough insurance to pick up were their insurance left off, then you're still in bad shape. They get to walk away, while you are left with next to nothing, and almost always through no fault of your own.
BC.
For all the stupidity we have up here with politicians, the one thing they did right is "no fault" insurance.
My insurance picks up the tab to fix my car, their problem to chase who hit me.