r2i forum

GoogleAjax;11529I'm driving an old toyota 98 vehicle, I'm not too sure what kind of coverage I must have. I'm kind of new here don't have driving track record, AAA is giving me $1700 p.a quote which seems very high. I currently have the following coverage, Is it necessary to have all these coverage or do I need to add/delete something to bring down the premium?

Liability Coverage
Bodily Injury Limits :$50,000/$100,000
Property Protection Insurance :$1,000,000
PIP - Medical Coverage :Excess Coverage
PIP - Work Loss Waiver :I decline
PIP - Work Loss Coverage :Excess Coverage
Uninsured/Underinsured Motorist Bodily Injury Limits :$50,000/$100,000
Limited Property Damage :$500

Comprehensive Coverage & Deductibles :$500
Collision Coverage Type :Broadform
Collision Coverage & Deductibles :$500
Rental Car Limits :I decline
Customized Parts and Equipment Coverage Limits :I decline

Please help me to pick the right coverage.:confused:
Thanks.[/quote]

DoctorJ;11917Now that I see...you are a resident of Detroit. It pretty much sums it up - doesn't it??? Well, don't take things to heart. I'm basically indicating that car theft and vandalism is very high in the city of Detroit and hence the higher premium. But what was quoted to you by AAA is exceptionally high for Detroit Standards too...

You might want to check with State Farm Insurance. They seem to offer very competitive quotes.

If interested, you could check with this agent (see details below) who has been giving me some good quotes over the past several years. And, I've in turn sent over 60-75 customers his way...he'd probably give you a special discount if you took my name. Alas! I prefer to pen my thoughts without disclosing my identity...out here.

Carl Lee is a shrewd African-American businessman. His contact number is (248) 398-5970. Sometimes I'm forced to think he does something out of line...tell him something about meeting this guy during an Indian get together that referred you to him.

By the way, one of the important things I forgot to mention in my previous post...some thing that is very relevant with Carl is your ability to bargain. One should be shrewd enough to "Bargain like those guys in Beirut". And, the other is a possibility of you using an address of a friend or a colleague (say in Troy, MI) ? which would help you two fold. One, Troy is a very safe and secure suburb and the insurance companies take note of that to give a decent discount. Secondly, it might help you get another discount (second insured car) in case your friend is already a State Farm customer. Technically, I?m told that one would only qualify if the two individuals are blood relatives or something. But this guy Carl manages it somehow.

Good luck?and let me/us know if you need additional help. And, make sure you let us know how things went.

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The secret of survival in this world is not to let the vultures know you are dying. -DJ :cool:[/quote]

Using somebody else's address to get insurance is classified as insurance fraud. A lot of people do it and get away with it for a long time. But if you are caught, you are in very serious trouble. The Agent will get away becuase he is not liable if you gave him the wrong address.

I used to live in Farmington Hills and was paying about $1200 p.a. with State Farm.

puneri_punter;12261
Using somebody else's address to get insurance is classified as insurance fraud. A lot of people do it and get away with it for a long time. But if you are caught, you are in very serious trouble. The Agent will get away becuase he is not liable if you gave him the wrong address.

I used to live in Farmington Hills and was paying about $1200 p.a. with State Farm.
[/quote]


Thanks for highlighting this issue. For a while now, I've been aware of this but when checked, I've been told not to bother about it. Anyways, one has to understand the ground realities and be careful with what one does.

By the way, just out of curiosity, I'd like to know how one would get caught. I've known a handful of the people that have gotten into trouble in terms of accidents and never had problems in getting their claim cleared and they've never been caught.

In any case, additional information will be appreciated.

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It's always better to be more informed than less informed. -DJ :cool: