Also live in Michigan, share one car with my wife. We pay $270/6months with Farm Bureau. PL/PD only on a 2007 Prius.
Thanks.
Here is my situation. I have vehicle loan at bank with 4k outstanding. So due to that, i need to have Collision and comprehensive. Also the agent told me that there are around 22% of the drivers are not insured in michigan, which is why high price on quote and thats the same reason why they have me to get fully covered.
For a car worth 9k, these doesnt addup and I am going nuts.
Bodily Injury Liability $50,000 per person/$100,000 per occurrence
| $189.70 |
Property Damage Liability $50,000 per occurrence
| $7.10 |
Limited Property Damage $1000 per occurrence | $6.70
|
Personal Injury Protection | $619.10
|
Property Protection $1,000,000 | $10
|
Uninsured Motorist Bodily Injury | $22.90
|
Comprehensive Deductible: $500 | $86.90
|
Collision $500 Ded/Broad Form | $309.80
|
Total per six month | $1,252.20
|
Now, I can close the car loan (I have cash for that), contact the FarmBureau (but I dont have farm/house or not membership with them, is it okay?)
I know its silly to pay this much for a car worth 9k. What I dont know is how much is enough and what things I need to take.
Its me (8 years on wheel, no tickets on crash/speeding) and wife (1 year but sensible driver).
Whats your advice on it?