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Auto Insurance Rant

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Old Apr 3, 2006 | 08:52 AM
  #31  
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Whats umbrella insurance?
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Old Apr 3, 2006 | 08:53 AM
  #32  
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Originally Posted by F22B Prelude
Whats umbrella insurance?

for when your umbrella flys away in a storm or when it flips over and breaks :hs:
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Old Apr 3, 2006 | 08:54 AM
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Originally Posted by F22B Prelude
Whats umbrella insurance?
additional coverage...usually for those who have a lot of assets, income, etc. it goes above and beyond their auto and home insurance coverages. this way, instead of getting a 1mil/1mil coverage on auto and 1mil on home, then can get 500/500 on auto and 500 on home and then just get a 1mil coverage on their umbrella for a couple hundred bucks but end up with a 1.5mil coverage as opposed to a 1mil limit on one policy.
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Old Apr 3, 2006 | 08:56 AM
  #34  
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Originally Posted by DakarM
for when your umbrella flys away in a storm or when it flips over and breaks :hs:
:doh:
lol
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Old Apr 3, 2006 | 08:57 AM
  #35  
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Originally Posted by 95SiR
yeah...you can get 1 and 2 mil... i think 3mil requires underwriting approval. but yeah anyway... you need to have both car and home insurance with us to get umbrella. for you, a 1mil umbrella will probably cost about 300-350/year.

if all goes well, I'll need at least 2M coverage, possibly 3-4M. I'll let you know
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Old Apr 3, 2006 | 08:57 AM
  #36  
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Originally Posted by 95SiR
additional coverage...usually for those who have a lot of assets, income, etc. it goes above and beyond their auto and home insurance coverages. this way, instead of getting a 1mil/1mil coverage on auto and 1mil on home, then can get 500/500 on auto and 500 on home and then just get a 1mil coverage on their umbrella for a couple hundred bucks but end up with a 1.5mil coverage as opposed to a 1mil limit on one policy.
Damn they must be bankin to have a 500k home and a 500k car.
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Old Apr 3, 2006 | 09:00 AM
  #37  
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Originally Posted by F22B Prelude
Damn they must be bankin to have a 500k home and a 500k car.

:doh: and :doh:

500K in CA is the norm.

and the amount of coverage is not the price of the car.

you don't have a 50K car do you? you said 50/50/100 on top of this thread.
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Old Apr 3, 2006 | 09:00 AM
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Originally Posted by F22B Prelude
Damn they must be bankin to have a 500k home and a 500k car.
no. its not a $500k car (which is ridiculous) and $500k home (which isnt much). it means their liability limit is $500k for each.
just like how your auto insurance is $50k/$100k for bodily injury and $50k for property damage.
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Old Apr 3, 2006 | 10:27 AM
  #39  
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Originally Posted by 95SiR
no. its not a $500k car (which is ridiculous) and $500k home (which isnt much). it means their liability limit is $500k for each.
just like how your auto insurance is $50k/$100k for bodily injury and $50k for property damage.
Oh aight...well a 500k house around here is an F'ing mansion.
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Old Apr 3, 2006 | 10:30 AM
  #40  
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Originally Posted by F22B Prelude
Oh aight...well a 500k house around here is an F'ing mansion.
https://www.honda-acura.net/forums/s...d.php?t=229984


h:
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