Can I get some advice on the coverage amounts here? Too little/too low? Any opportunities for savings?
Net worth: $370,000
Of that, $65k in cash(down payment/emergency fund)
2 cars.
2013 Nissan Rogue
2003 Toyota Corolla
Toyota: Liability only.
Rogue: Liability and comprehensive/collision
Liability portion:
Bodily Injury $300,000/500,000 $130.80
Property Damage $100,000 $86.20
Medical payments None
Uninsured motorist $50,000/100,000 $43.40
Comprehensive/Collision portion
Comp $500 DED $46.40
Collision $1,500 $59.80
ERS $5.70(plus 9.30 on toyota)
TOTALS
Policy Coverage Vehicle Coverage Total
2003 TOYOTA COROLLA $135.50 $9.30 $144.80
2013 NISSAN ROGUE $124.90 $111.90 $236.80
144.80 + 236.80 =381.60
I'm guessing ERS is going to be the biggest targeted discount. I travel a lot for work and this has been a convenience I happily pay for...especially on that older car we have had a couple issues and sometimes just flat tires where it was pretty convenient to pay $20 a year and have someone else take care of it. When I am out of town I am not able to help me