What's the last thing you bought?

[RBP]

My insurance renewal just came in and it's going up. Again. $1545 for 6 months.

Time to switch insurance companies, look for the lower rate.

That sounds really high for one vehicle. We pay just over $1000 for 6 months for 2 vehicles and mine has commercial coverage. Comprehensive on both, a 2014 and a 2016.

[Godfather]

I pay about $1,800 a year for pleasure use of my 2005 mazda3 with $2mil liability, collision and comp, 15 years clean driving. Our province has the highest rates in the country... DGX's premium sounds like a dream.

[DemonGeminiX]

I have:

$50K/$100K body injury liability
$30K property liability
$1K medical payments
Uninsured motorist BI add-on $50K/$100K Non-Ded
Uninsured Motorist PD add-on $30K w/ $250 Ded
Comprehensive $250 Ded (because I live in hurricane country... technically, I'm not required to carry it by GA law)

For my vehicle's age, I'm actually over-paying for extra coverage beyond minimum GA requirements, but I know how people drive around here, and I know if I drop to minimum requirements, somebody's gonna slam into me and I'll be screwed. Also, if I drop comprehensive, a hurricane will sweep through and miss everything except for that one really heavy tree branch from 5 miles away that falls on my car. That's just the kind of luck I have.

I've got AAA, so I don't bother with road side services through my insurance company. My insurance company treats every road side service call as a claim and they raise insurance rates when you use it. I found that out several years ago when my battery died in my driveway and I called the insurance road side service to get a jump start. They jacked my premium up by like $80. Pissed me off like you wouldn't believe. So I dropped the insurance roadside, signed up with AAA and bought a portable rechargeable jump starter that I've used once since I bought it.... on somebody else's car. It works great though.

[Hal-9000]

I pay about $1,800 a year for pleasure use of my 2005 mazda3 with $2mil liability, collision and comp, 15 years clean driving. Our province has the highest rates in the country... DGX's premium sounds like a dream.

I pay 100 month, full coverage, 2 million liability on a 2014 vehicle with a clean driving record. Most American premiums sound like a dream comparatively.

[DemonGeminiX]

Digitech Freqout Dynamic Feedback creator pedal. Find Pete Thorn's demo of it on Youtube, it's unreal.

Anyway, ProAudioStar was offering it for $70 brand new on eBay (it actually costs $180 new). I don't know why it was discounted so low, but I don't care either. Apparently, the seller has a bunch of them. Maybe they're having trouble moving them and just want to unload? I've bought a bunch of stuff off of him/her/them before, and they have a great rating and I have no complaints, so I'm not overly concerned. Anyway, I checked my credit card rewards and found that I had enough points to get a $50 eBay gift card, so I did.

The pedal costs $180 new. Total cost to me after a deep discount and a gift card: $25 (with taxes included).

[Godfather]

I pay 100 month, full coverage, 2 million liability on a 2014 vehicle with a clean driving record. Most American premiums sound like a dream comparatively.

Truth. I do notice though that they seem to carry much lower liability limits. I know from talking to folks who work at ICBC that they get a claim every couple years that exceed $5 million. If you have a fuck-up and cream a fancy car carrying a doctor, lawyer and their two kids, financially you're fucked without decent policy limits. Some people used to tell me when I was a broker and advised them that the $200,000 minimum liability limit wasn't considered enough by the insurer (I had to tell them that for the record), they'd respond: "whatever I'll just file for bankruptcy I'm not worth anything." But that's presuming the courts just let you off that easily and don't instead decide to garnish your wages for life.

[Teh One Who Knocks]

Here's the policy coverages we have and that premium is for 6 months (it's the same on both vehicles). Plus we carry a $1,000,000 umbrella liability policy over and above what we have for auto insurance. That's an additional $273/year.

As far as minimums go, it's ridiculously low and stupid, another reason why you need to carry high coverages in case you get into an accident with someone that doesn't carry enough. The state minimum for liability in Colorado is only $25,000 per person for bodily injury. $50,000 per accident for bodily injury. $15,000 per accident for property damage.

[Hal-9000]

Truth. I do notice though that they seem to carry much lower liability limits. I know from talking to folks who work at ICBC that they get a claim every couple years that exceed $5 million. If you have a fuck-up and cream a fancy car carrying a doctor, lawyer and their two kids, financially you're fucked without decent policy limits. Some people used to tell me when I was a broker and advised them that the $200,000 minimum liability limit wasn't considered enough by the insurer (I had to tell them that for the record), they'd respond: "whatever I'll just file for bankruptcy I'm not worth anything." But that's presuming the courts just let you off that easily and don't instead decide to garnish your wages for life.

Here's the policy coverages we have and that premium is for 6 months (it's the same on both vehicles). Plus we carry a $1,000,000 umbrella liability policy over and above what we have for auto insurance. That's an additional $273/year.

As far as minimums go, it's ridiculously low and stupid, another reason why you need to carry high coverages in case you get into an accident with someone that doesn't carry enough. The state minimum for liability in Colorado is only $25,000 per person for bodily injury. $50,000 per accident for bodily injury. $15,000 per accident for property damage.

Old boss's wife was in insurance for 40 years. He always used the example - what happens if you rear end a bus full of orphans and nuns and every person claims injury?


Extreme but it does make you think. Up here two million liability is common for most policies and one million used to be standard.

[Teh One Who Knocks]

You'd be surprised just how many people run with the state minimum liability only insurance.

[Hal-9000]

You'd be surprised just how many people run with the state minimum liability only insurance.

Up here I think it's still a little different in terms of most of us have insurance because it's the law I've heard that some people in the States still feel it's an option. Not sure if that's still true.

Years back cops used to stop us and if your car wasn't registered they would give us a 400 dollar fine. They've lessened that particular fine and give us 24 hours to produce.

But it's still all tied together. You can't register a car without having insurance first.

[Teh One Who Knocks]

Up here I think it's still a little different in terms of most of us have insurance because it's the law I've heard that some people in the States still feel it's an option. Not sure if that's still true.

Years back cops used to stop us and if your car wasn't registered they would give us a 400 dollar fine. They've lessened that particular fine and give us 24 hours to produce.

But it's still all tied together. You can't register a car without having insurance first.

Nope, insurance is required by law here as well. And you can't get your registration here without proof of insurance either.

[Godfather]

Nope, insurance is required by law here as well. And you can't get your registration here without proof of insurance either.

One of the best things they ever did here was basically rolling insurance up with registration. You buy and sign for both on the same piece of paper essentially, so they're one in the same as far as most people are concerned. Seems to make sense to allow/force the insurer to just issue both at the same time for licensed road vehicles I think in some places you still have to make two difference stops to get registration then insurance? What a pain in the dick.

[Godfather]

Plus we carry a $1,000,000 umbrella liability policy over and above what we have for auto insurance. That's an additional $273/year.

Smart man. Umbrella policies are awesome. And I'd bet you have your homeowner's policy on there too as well as any toys you might have (boat, ATV, trailer, etc)? A lot of people overlook that option but it can save you a fair bit, and in some cases might even offers broader protection that can 'drop down' if the underlying layer won't cover something.

[DemonGeminiX]

Apologies if I'm completely ignorant of how shit works in Canada, but is your registration costs controlled by the federal/national/country government or your individual Province's government? Ours are controlled by the individual states.

Actually that's a bad way to put things. Our insurances are state-based, meaning we can't buy a policy in another state other than the one we live in. I can't buy insurance from a company in Colorado, and Lance can't buy his insurance from a company in Georgia. It's not really controlled by the state. The states don't control how much shit costs, for the most part, it's still a free market, although state laws will effect the cost of things.

[DemonGeminiX]

Here's the policy coverages we have and that premium is for 6 months (it's the same on both vehicles). Plus we carry a $1,000,000 umbrella liability policy over and above what we have for auto insurance. That's an additional $273/year.

As far as minimums go, it's ridiculously low and stupid, another reason why you need to carry high coverages in case you get into an accident with someone that doesn't carry enough. The state minimum for liability in Colorado is only $25,000 per person for bodily injury. $50,000 per accident for bodily injury. $15,000 per accident for property damage.

Check your credit card perks. You might be able to get rid of your rental reimbursement coverage. My credit card has an allowance for rentals as a perk.

Also, my credit union has a $10000 Death and Dismemberment policy that I took advantage of. Didn't cost me anything. A perk of my credit union. You may want to check into your bank/credit union perks.