Car Insurance estimate?

[Radiance]

Hello,
I am paying $834 for a 6 month policy with geico, which I read is double of the national average of about $800 a year.

How much should i be paying for:
State of Florida
2006 Honda civic with 100k miles
About 28000 miles a year (long commutes)
1 accident on record
1000 deductible.
I am single, 41, and I am not a home owner.

How do go about shopping for car insurance? This is the first time I do this alone, my exhusband was in charge and had never changed it since 2008...I know, I know. I am trying to correct the neglect.

Thank you!

[Radiance]

ok, my state min requirements are 10/20/10.
Would you go for the minimum coverage in my case?
Blue book value came back at 13000

[disneysteve]

Hello,
I am paying $834 for a 6 month policy with geico, which I read is double of the national average of about $800 a year.

Ignore the national average. It is truly a meaningless number. There are so many factors that go into your auto insurance rate such as your age, your driving record, your car, where you live, how much you drive, your credit score, what other policies you have with the company, etc.

You can get quotes online from other companies. If you are with Geico, get quotes from Progressive, State Farm, Allstate, esurance, and others. If you can find an independent agent in your area (check the yellow pages) they can shop around to other companies for you. If you are a member of AAA, they also offer insurance for members.

[Radiance]

Thank you Steve!

It seems a big question is how much coverage to get
I am comfortable with a 1000 decuctable that I have but I think I might have too much coverage, considering my only "asset" is the car itself.

I have 100/200 for bodily
50 for property

State mandates only 10/20/10 although I dont know which is wish
I think I can reduce Bodily to 50/100....?

[Radiance]

I had an accident on 2009.

The quote companies are asking me info about it, but I dont remember.
How can I pull my driving records. I dont know if i was at fault.
I lost control, spinned and damaged my car against the mediam, no other cars, or any property was damaged other than my car (Thanks God)
I also dont remember if how much was the reapair and I dont know the "type of accident"


Thank you!

[Robert742]

I had an accident on 2009.

The quote companies are asking me info about it, but I dont remember.
How can I pull my driving records. I dont know if i was at fault.
I lost control, spinned and damaged my car against the mediam, no other cars, or any property was damaged other than my car (Thanks God)
I also dont remember if how much was the reapair and I dont know the "type of accident"


Thank you!

That would be considered an at fault accident, and it most likely is adding to the cost of your car insurance. Although you don't have assets, don't reduce your liability unless you have shopped with all the leading auto insurance companies, and you still cannot afford the insurance. If you can afford a $1,000 deductible, you should be able afford the liability limits you have now.

Imagine if, in the accident you described, a pedestrian was involved. If the pedestrian's medical bills, lost wages, pain & suffering, & any other compensation due, is more than $50,000, you may have to file bankruptcy, or have your wages garnished. Imagine if more than one person was injured.

The price savings for reducing your liability is not worth the risk of not having enough insurance. You may have to wait until your accident is over 3 years before you can get much better rates, but shop around now to see if you can do better than what you pay now.

My website (see the link in my signature) shows all the major car insurance companies in the USA. When you pay a lot for auto insurance, it makes even more sense to check the rates with as many insurance companies as you can.

I understand dealing with auto insurance is new to you. You can e-mail me if you have questions. I don't sell insurance, but I used to sell it, so I may be able to give you some useful advice.

[emanon1501]

Back in around 2002, I got into an accident that was 50% my fault. The insurance premium double and they said that it will stay that high for ten years, so I immediately shopped around and got a new quote from a different insurance company and it was cheaper than my original premiums.

It pays to shop around regardless of your situation.

I work for insurance company now, don’t go cheap with coverage. Heed to Robert742's advice.

[vips]

There are many insurance companies provide general insurance. For car Insurance there are certain companies which are very popular. Our car has United India insurance. I want to know, if our car has an accident then what all formalities we have to complete to get claim?

[eddyhartley]

You can look online too for car insurance estimate calculators that will probably help you. So look around online, get used to it---it’s not easy to find insurance that’s right for all your needs, but don’t give up.

[matthew111]

I think Internet has made it easy, you can shop online for car insurance. There are many options available online. Many companies offer special discount for women drivers also.

[johna]

Do you carry collision coverage? I would not drop it. Have you contacted an independent broker? They represent many different companies, and can find you the best deal. They may suggest dropping collision/comprehensive and rental. I feel that this is always a bad idea. If you lose control again, your car is stolen or vandalized, or a tree falls on your car, you will be out of luck.