Quote:
Originally Posted by PMPB
Forgive my ignorance about American insurance, but when you say 'full coverage' and list the 3 different values, what does that mean?
In Canada, everyone has to have liability insurance, and the minimum is $1 million. A lot of people I know opt for 2 million and also have an additional $1million (total $3 million) umbrella policy if they spend a lot of time driving in the US because of you litigious nature.
Sounds like we're wasting our money because your own insurance policies aren't half so well funded...
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Yikes, that's really, really high. In the US I think the minimum required insurance is around $300k for liability - possibly less?
My BRZ's coverage is $250k/$500k/$100k for damage to others (individual/total incident/property)
$250 deductible for collision, $0 for comprehensive (vandalism, glass, etc)
Liberty Mutual is my carrier (switched to them in February). I have the following discounts:
-Early Shopper
-New Move
-Electronic Funds Transfer
-Multi-policy
-Multi-car
-LM Advantage
I don't even know what half of those mean
I pay $890/year for the BRZ
33 year old single male, Raleigh, NC 2703 zip code. Car is garaged. I have 2 single vehicle at fault accidents currently on my record (claims of $1500 and $4500)
When I switched from the S2000 to the BRZ my cost went up like $5-6/mo
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Current: 2023 GRC Circuit Edition, 2012 C63 AMG P31
Past: (2) 2000 MR2 Spyder, 2017 GTI Sport, 2006 Porsche Cayman S, Supercharged 2013 BRZ-L, 2007 Honda S2000, 1992 Integra GS-R