phildog33 Posted March 25, 2009 Share Posted March 25, 2009 Quick question about insuring a 2005+ Subaru XT I just bought one from a dealer, used, 2005.. and have been putting money into it for audio, tinting, upgrades, etc... i only paid about $13.5k for it originally About insuring... I normally do the cheapest possible... lowest limits, almost just to get the registration at the DMV and im very careful and nothing happens... it comes out to around $280/6 months now with a nicer car, black on black, and it stands out.. i was thinking of insuring it well in case i hit an animal on the road, it gets stolen completely, keyed, audio equipment stolen, broken windows, etc (comprehensive)... and if i hit someone else (collision) i looked into it and the deductibles were for about $100 deduc on the comprehensive and $500 on the collision ... it raises me up to $700/ 6 months.. about 3.5x more but 100% peace of mind what do you guys do, coverage wise, your philosophy on insurance limits.. and this is all from geico my #s and in New york City thanks for helping Phillip Link to comment Share on other sites More sharing options...
__raj Posted March 26, 2009 Share Posted March 26, 2009 Raise your liability high as possible The rest of it I would not worry, just keep high deductibles(eg $1000). Link to comment Share on other sites More sharing options...
TruAlk Posted March 26, 2009 Share Posted March 26, 2009 Quick question about insuring a 2005+ Subaru XT I just bought one from a dealer, used, 2005.. and have been putting money into it for audio, tinting, upgrades, etc... i only paid about $13.5k for it originally About insuring... I normally do the cheapest possible... lowest limits, almost just to get the registration at the DMV and im very careful and nothing happens... it comes out to around $280/6 months now with a nicer car, black on black, and it stands out.. i was thinking of insuring it well in case i hit an animal on the road, it gets stolen completely, keyed, audio equipment stolen, broken windows, etc (comprehensive)... and if i hit someone else (collision) i looked into it and the deductibles were for about $100 deduc on the comprehensive and $500 on the collision ... it raises me up to $700/ 6 months.. about 3.5x more but 100% peace of mind what do you guys do, coverage wise, your philosophy on insurance limits.. and this is all from geico my #s and in New york City thanks for helping Phillip First and foremost you should at least raise your liablity to 100/300 if not 250/500. This is just a smart thing to do. I work in insurance and have seem many times where the state mins do not provide enough coverage. you don't want your wages garnished for an auto accident. Second, all you new audio gear will only be covered under comprehensive (depends on the insurance company) if it is installed in a factory location. Sub box in the back with and amp = not covered by most companies. You can usually add coverage for this for a seperate fee. Also you can carry comp. coverage without carrying collision. As you stated, collision is only going to come into play if you are at fault in an accident. If you do not drive into something or someone then collision would not be a factor. Next to liability, collision is the most expensive. Lastly, I work for Liberty Mutual and we partner with subaru to offer anyone that owns a subaru an additional discount and a few other bonus perks. If you have any more questions send me a pm and I will be glad to answer them for you. Link to comment Share on other sites More sharing options...
phildog33 Posted April 13, 2009 Author Share Posted April 13, 2009 i kept the comprehensive coverage (i think important for NYC since people are stealing everything) and did 100/300 limits... but the collision.. i couldnt decide for $500 deductible it was $260 over 6 months im never in accidents and rarely do anything that would warrant more than $500 damage to my car backing up into a parking meter or etc. is likely.. and probably less than $500 damage.. but rear ending someone and causing catastrophic damage to my car is less likely i took it off completely.. what did you guys do for your policies? P Link to comment Share on other sites More sharing options...
underscore Posted April 13, 2009 Share Posted April 13, 2009 I also get uninsured motorist coverage, especially with a lot of illegals or really poor people driving Link to comment Share on other sites More sharing options...
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