What Is A Reasonable Auto Insurance Liability Amount, I Don’t Believe The Current Legal Limits Are Enough?

Florida State Required auto insurance limits are not nearly enough insurance to carry especially if you live in a larger city in florida. What is a good acceptable liability limit to carry on my vehicles?

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This entry was posted on Monday, December 7th, 2009 at 5:32 pm and is filed under Cheap Auto Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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6 Responses to “What Is A Reasonable Auto Insurance Liability Amount, I Don’t Believe The Current Legal Limits Are Enough?”

  1. fighting saints Says:
    December 7th, 2009 at 5:32 pm

    Great question and analysis. I wish more people would look at the laughable state minimums and recognize that they aren’t enough.
    The answer depends on what you have for answers to protect, but I normally suggest a minimum of 100/300/100 for liability limits and 50/100 for uninsured and underinsured coverage.

  2. Rocket Spanish Says:
    December 7th, 2009 at 5:32 pm

    I am a retired insurance broker. Despite the fact I don’t drive as much anymore, I will not drive a vehicle with less than $1,000,000 liability coverage. My wife drives a country delivery run, and because of the increased exposure, carries $5,000,000 on her vehicle.
    My liability is portable within Canada and the US. If I visit you, and drive your car, my liability coverage is still $1,000,000.
    Our minimum coverage in Manitoba is $200,000, and I think that is ridiculously low, I believe the minimums should be $500,000.
    My advice to all clients was to buy as much liability as you can afford.

  3. Joy S Says:
    December 7th, 2009 at 5:32 pm

    I would say 100/300/100 for liability limits and 50/100 for uninsured and under-insured.
    I write policies for a company that covers Florida. You will be looking at $60 maybe $70 a month for this coverage.
    You must have your vehicle registered in Florida (per State law)
    Call my source below. They can help you.

  4. ??Tim Gunn?? Says:
    December 7th, 2009 at 5:32 pm

    the minimum should be 100.0/300.0/100.00 It also depends on the year of the automobile and the laws of Florida.

  5. entidtil Says:
    December 7th, 2009 at 5:32 pm

    I You buy liability to protect your assets and future earnings. I suggest 100/300/100.
    but It’s entirely your call based on what you have or may have .

  6. Cowboy Bill Says:
    December 7th, 2009 at 5:32 pm

    Minimum should be $100,00 /300,000 /100,000.

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