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Amazing-Treacle-7067 t1_iuhxbfc wrote

What kind of coverage is a good minimum to have? I got fucked on repair costs recently when somebody hit my parked car and didn't leave a note, so I upped my coverage but hate paying so much for a car I rarely drive.

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darniforgotmypwd t1_iuhzhm8 wrote

"I got fucked on repair costs recently when somebody hit my parked car"

How much damage did they cause? Was the cost issue due to your deductible or you being underinsured?

My go-to is getting a high deductible and saving the difference. For smaller repairs I will just pay out of pocket and not use insurance. All I really care about are large accidents, comprehensive, and liability.

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Amazing-Treacle-7067 t1_iui05k2 wrote

It was like 4k out of pocket, I didn't have any coverage for this.

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itsdan159 t1_iui9m0z wrote

Did you have liability only?

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PSEOL t1_iuidwpg wrote

Obviously.

They didn’t get “fucked” they just didn’t insure against a possible event.

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Amazing-Treacle-7067 t1_iuicrrf wrote

Yes, I just had the minimum required by the state. I have now increased it to include situations like this, but it's expensive and I'd like to call around to ask for a better deal, so I would like to know what kind of minimum reasonable coverage I should be asking for. I know it depends on a few variables but there should be some kind of standard answer for regular people, right?

I don't drive much and have never been in an accident, but people here drive like dicks so clearly I need more than the minimum required by the state. Thanks for any advice

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Ham_Council t1_iujezse wrote

At minimum you should have 100,000/300,000 limits. If you care about your vehicle getting fixed you should have full comp and collision and uninsured/underinsured motorist coverage.

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Grayjay000 OP t1_iuimp8v wrote

A good coverage would be something like 100 comprehensive deductible 500 collision, 100k bodily injury/property damage and have rental reimbursement and roadside assistance.

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Amazing-Treacle-7067 t1_iuirl68 wrote

Thanks!

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ghalta t1_iujczsy wrote

The deductible is based on your financial situation. If you have $20k sitting in your emergency fund, there's no reason to go with a $100 deductible if a $250 (with everything else the same) would save you some money.

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