Comments on: What Is A Reasonable Auto Insurance Liability Amount, I Don’t Believe The Current Legal Limits Are Enough?

By: Cowboy Bill

Cowboy Bill — Sat, 30 Jan 2010 05:32:50 +0000

Minimum should be $100,00 /300,000 /100,000.

By: Entidtil

Entidtil — Sat, 30 Jan 2010 03:07:44 +0000

I You buy liability to protect your assets and future earnings. I suggest 100/300/100.
but It’s entirely your call based on what you have or may have .

By: ★♥Tim Gunn♥★

★♥Tim Gunn♥★ — Sat, 30 Jan 2010 02:08:11 +0000

the minimum should be 100.0/300.0/100.00 It also depends on the year of the automobile and the laws of Florida.

By: Joy S

Joy S — Fri, 29 Jan 2010 21:12:06 +0000

I would say 100/300/100 for liability limits and 50/100 for uninsured and under-insured.
I write policies for a company that covers Florida. You will be looking at $60 maybe $70 a month for this coverage.
You must have your vehicle registered in Florida (per State law)
Call my source below. They can help you.

By: Fred C

Fred C — Fri, 29 Jan 2010 20:04:02 +0000

I am a retired insurance broker. Despite the fact I don’t drive as much anymore, I will not drive a vehicle with less than $1,000,000 liability coverage. My wife drives a country delivery run, and because of the increased exposure, carries $5,000,000 on her vehicle.
My liability is portable within Canada and the US. If I visit you, and drive your car, my liability coverage is still $1,000,000.
Our minimum coverage in Manitoba is $200,000, and I think that is ridiculously low, I believe the minimums should be $500,000.
My advice to all clients was to buy as much liability as you can afford.

By: fighting saints

fighting saints — Fri, 29 Jan 2010 16:10:43 +0000

Great question and analysis. I wish more people would look at the laughable state minimums and recognize that they aren’t enough.
The answer depends on what you have for answers to protect, but I normally suggest a minimum of 100/300/100 for liability limits and 50/100 for uninsured and underinsured coverage.