Thank you BRGT86, thats great info for me to use. I didnt think it was necessary for me to have such high coverage and I do not have any major personal assets. Its possible my insurance broker thought it was a lease which is whats driving my high coverage, but i wouldn't be surprised if he's doing it to get a larger commission. I was however thinking that it was the area is also driving up the price. Its great for me to understand that DTLA has above average claim zones, if you think about it its kinda expected for DTLA.
Many people keep insisting that this thread is useless but I find it very helpful. I am not interested in comparing my rates with other but understanding what parameters are affecting my rates and what i can change to get a better rate. Its also great to get opinions about what people are paying. If no one else is paying more than i am then chances are im paying too much. I was also unaware of what coverage is required buying vs leasing. Thanks for clarifying that for me. This is also my first brand new car, and the first time i have my own policy. I had a salvaged tundra before and was only paying $80 a mo. so its more than tripled since then. The truck was under my parents insurance policy, which most likely gave us a better rate.
Thank again for all your feed back
