Quote:
Originally Posted by extrashaky
LOL. Owning real property does not increase your auto rates. Where do people come up with this stuff?
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Generally speaking you'd want higher coverage if you have assets you want to protect. If you get in an accident and have bare minimum insurance coverage that the justice system determines is not enough to pay for the damages you've caused they will take your property to settle the debt.
That means higher rates. See mav's post above. There are many people who have rear ended somebody, a person gets spinal damage and the offender loses their house to pay for all the medical bills.
The rest of your post is spot on.