Just to add my own two cents to this scintillating discussion I would recommend that you check your level of coverage for uninsured or underinsured motorists. If you, and potentially any passengers, are involved in an accident and the party at fault has no or little liability coverage you may potentially face a major problem. Unfortunately this is occurring frequently in current times.
GEICO Insurance
- Thread starter this_is_nascar
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I have no plans on changing coverage limits that I've had for years. It's called insurance for a reason. You get it, hoping you will never use it. How much is just enough? How much is too much? None of us know. I'm almost sure I'm dropping my current collision, comprehensive and rental reimbursement on the Tacoma, whether I stay with GEICO or not. Tomorrow, I'll call them to get a better explanation of the level of PIP they have me signed-up for. It's not clear when looking online what and how much is included and how it breaks down.
Tariffs on Auto Imports and More Would Raise Car Insurance Rates 280% Faster | Insurify
Tariffs would make car repairs more expensive, raising car insurance prices for U.S. drivers. Learn how prices could change in your state.
insurify.com
It's staggering to think about how much I have paid for vehicle insurance over the last 50 years. I started driving in 1975. I have insured the same two trucks simultaneously for the last 23 years and my wife has always had her own vehicles. I have also insured 4 different motorcycles off and on over the last 50 years.
The real kick in the ba*ls is that I have never filed a claim of any kind.
The real kick in the ba*ls is that I have never filed a claim of any kind.
Does anybody buy the optional PIP insurance? I never do because it’s $400+ a year in additional in premiums, but I know an attorney who tells me that’s a huge mistake. He claims if you don’t have PIP and somebody hits you and you end up with debilitating back and neck pain that prevents you from working, you can’t sue for your pain, suffering and lost wages.
You won!It's staggering to think about how much I have paid for vehicle insurance over the last 50 years. I started driving in 1975. I have insured the same two trucks simultaneously for the last 23 years and my wife has always had her own vehicles. I have also insured 4 different motorcycles off and on over the last 50 years.
The real kick in the ba*ls is that I have never filed a claim of any kind.
Cut 26% and he still makes 10million, someone's gotta pay for that!
While Consumers Struggle to Afford Insurance Coverage, Insurance CEOs Rake in Millions · Consumer Federation of America
CEOs of America’s largest auto and home insurance companies collected massive salaries, bonuses, and other payments in 2023, amounting to over $119 million for the CEOs at ten of the largest insurers.
consumerfed.org
I don't even want to know what the Gecko pulls down!Cut 26% and he still makes 10million, someone's gotta pay for that!
While Consumers Struggle to Afford Insurance Coverage, Insurance CEOs Rake in Millions · Consumer Federation of America
CEOs of America’s largest auto and home insurance companies collected massive salaries, bonuses, and other payments in 2023, amounting to over $119 million for the CEOs at ten of the largest insurers.
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This entire PIP fiasco is one of the things I'm learning going through this process. As you said, just the PIP portion could wind up costing as little as $90 or $100 bucks all the way up to hundreds of dollars, depending on which options you take. I know under certain circumstances you must have PIP as the primary paying medical at a minimum and the add-ons can be used at your own discretion.
The issue is as I'm finding with Geico is talking to someone that actually understands this better than I do.