Salvage Total Loss Title-auto Insurance

[ebog2013]

Thanks for useful answers))

 

[xrac]

Thanks for useful answers))

We do not thank you for a useless response. This would seem to be the opening post of a spammer? Please prove me wrong!

 

[BlockO]

speaking of spam, my timing is terrible here! .......

I rarely ever post my blog articles on here, so hoping I can get away with it this once.....

I recently did a case study comparing the increases of liability premium between 25/50/25, 50/100/50, and 100/300/100.

increasing from 25/50/25 to 50/100/50 increased liability premium cost 3-4 cents on the dollar.

increasing from 25/50/25 to 100/300/100 increased liability premium by about a quarter on the dollar (21-26%).

I now use those examples as a selling point with bull-headed customers.

Dan's Insurance Blog - Online Auto, Motorcycle, Boat, RV & SR22 Bond Insurance Quotes

 

[xrac]

speaking of spam, my timing is terrible here! .......

I rarely ever post my blog articles on here, so hoping I can get away with it this once.....

I recently did a case study comparing the increases of liability premium between 25/50/25, 50/100/50, and 100/300/100.

increasing from 25/50/25 to 50/100/50 increased liability premium cost 3-4 cents on the dollar.

increasing from 25/50/25 to 100/300/100 increased liability premium by about a quarter on the dollar (21-26%).

I now use those examples as a selling point with bull-headed customers.

Dan's Insurance Blog - Online Auto, Motorcycle, Boat, RV & SR22 Bond Insurance Quotes

Dan, as far as I am concerned you are a valuable contributor and I am happy to read your blog. You always have valuable insight.

 

[blue_wynd]

^ 2nd. read the blog. good info.

 

[william2813]

You don't really need any article or video. Just call any local auto insurance agency that offers consultation service.

 

[ArkAgent]

Since you retained the salvage on the vehicle, insurance companies are unlikely to grant you full coverage, as the previous damage to the car nearly exceeded the value. I would suggest getting the minimum amount required for liability property damage, and perhaps a little more for the bodily damage liability amounts. In addition I would suggest electing to pay for the uninsured motorist option in your coverage plan, as it is very little additional each month, and will protect you in the case of an uninsured motorist hitting your car.

Curious your line of thought with state mins for PD cov and "perhaps a little more" for BI?

That doesn't seem to make sense to me. I personally won't write less than 50/100/50 unless it's a very extenuating circumstance, and even that gives me the heebie jeebies...

 

[best14rates]

Curious your line of thought with state mins for PD cov and "perhaps a little more" for BI?

That doesn't seem to make sense to me. I personally won't write less than 50/100/50 unless it's a very extenuating circumstance, and even that gives me the heebie jeebies...

There are carriers that will place full coverage on an auto with a salvaged title Kemper Specialty will do that along with other carriers

 

[ArkAgent]

There are carriers that will place full coverage on an auto with a salvaged title Kemper Specialty will do that along with other carriers

Oh, I know that. I've never had a problem with any of my carriers as long as I submitted pics that the vehicle was fixed.


I was questioning why he was suggesting state min's in liability coverage.