Car insurance coverage

[sciteachmama]

Hi,
I drive a Honda CRV mostly to commute to work (12 miles round trip/day). Soon I will be giving birth to twins and not working for awhile so mostly likely less driving. I'm also considering switching from Allstate to Metromile.  This is the coverage I have now.

Bodily Injury: $100K/$300K
Property Damage: $50K
Uninsured/Underinsured Motorist Bodily Injury: $100K/$300K
Medical Payments: $1K
Comprehensive Deductible: $1K
Collision Deductible: $1K
Uninsured Motorist Property Damage: No Coverage
Rental Reimbursement: $30 / $900
Roadside Assistance: Included

My husband drives a Ford Transit Connect. He does a lot of driving for work so I think I'll stay with Allstate (bundled with home insurance) for him. However, his coverage is the same as mine.
Is the coverage enough or should I increase some of the terms? Is Metromile reputable? Any suggestions? Thank you!

[neo von retorch]

• What year is your CRV?
• Do you have a loan on it?
• Do you get significant bundle savings with multiple cars/policies?

We happen to have everything with Allstate (cars, landlord insurance, rental insurance, motorcycle) and there are a lot of bundle discounts that keep everything really low. Personally I have a high tolerance for risk (and don't think there's a LOT of risk of getting into an accident where you need super high coverages) so I have pretty minimal coverage. No collision on the car I drive every day. In the event it was damaged or totaled, it would suck, but I could afford to replace it from emergency savings.

[sciteachmama]

Thanks for responding.
It's a 2014 model and I do not have a loan on it.
I will compare what will happen if I don't bundle it with Allstate.
Thanks for your input. It helps!

[TheInsuranceMan]

***Opinion coming from an insurance agent***

I would not reduce the liability coverage you currently have, in fact, higher limits (250/500 or 500/500) probably wouldn't cost you much to increase.  But, I'm comfortable with 100/300, and we won't write any less than that.  The risk is too great if you happen to be at fault in a large loss.

$1k deductibles are fine, if you can afford the loss.  If there isn't a loan on the vehicle, you are not required to carry full coverage.  So, that one is up to you.
Med payments is low, but eh, that isn't a huge player.

I like rental coverage, 30/900 is typical and is typically the lowest limits companies offer.  It doesn't get you much, but it gets you wheels in case your car is down from a loss. 
You are probably getting a multi-car discount for having two vehicles on the policy, as well as approximately 5% discount (varies by company) for the multi-policy discount.

[jda1984]

I just switched to Allstate.  They were the cheapest for the coverages we were looking for (homeowners, auto, rental property, umbrella liability).  It seems like insurance does the same thing a lot of other industries do where it is cheaper to switch every few years as prices rise.  Seems someone is always buying business...