I am probably the only licensed insurance agent in this thread....
USAA is great insurance, it is an ultra prefered market.
Here's what all those numbers mean:
Bodily Injury, 100/200k : this is what they will pay to the people you hurt in an accident, 100k per person, but no more than 200k per accident
Prop Damage: what they pay to fix the OTHER cars , max
UM/Underinsured: what your company will pay to fix YOU, not car, if you get his by someone w.out insurance or not enough
Med pay: what they pay of your medical bills and those of people in your car. per person
comprehensive coverage is one half of full coverage, it covers: theft, vandalism, falling objects, glass, animal strikes. You have no deductable
collision coverage is the other half: it fixes YOUR car in an accident
the rest of that stuff is just standard endorsements pretty much.
That is a good amount of insurance, and a good price. USAA is not available to the public so they can really control their risk exposure.
Originally Posted by
spanky
Personally the only time I'd ever have liability only is if I knew, without a doubt, that I could afford to cut a check to replace the vehicle if I was at fault and totaled it.
I have 10k/20k/10k, iirc. Could be more, I don't know for sure. We pay ~200/mo for my truck and the wife's versa.
I hope it's more, because that is dangerously underinsured. Here's the scenario I use: you have 10k of coverage for property damage. My car is worth 35k. If you hit me and total my car, you will owe me 25,000 dollars still. I will sue you, and you will never own anything again.