Need insurance help
#1
Need insurance help
I am trying to sell my car, but my 6 month renewal is tomorrow, I want to change my policy so it's as cheap as possible, since I really won't be driving the car much until it is sold. I am just confused about like, bodily injury & property damage, options go from 25/50/20 to 250/500/100 and I don't know what that means.
#2
Re: Need insurance help
ever think about googling it? or calling the insurance company?
http://personalinsure.about.com/cs/v...utominimum.htm
http://personalinsure.about.com/cs/v...utominimum.htm
#3
Re: Need insurance help
ever think about googling it? or calling the insurance company?
http://personalinsure.about.com/cs/v...utominimum.htm
http://personalinsure.about.com/cs/v...utominimum.htm
It has to do with the limitations of your insurance.
25/50/25 has to do with personal body and property. so... if you cause an accident, they will cover up to this amount. then you have to cover anything over that. So dont hit an expensive car.
#4
Re: Need insurance help
Well first things first, is there a lien on the car? If so you will need full coverage, which is collision and comprehensive (often called "other than collision"). The state minimums for Virginia is 25/50/20, which means it will cover $25,000 of bodily injury per person, and a maximum of $50,000 per incident, and up to $20,000 in property damage.
If you aren't going to be driving the car at all and want to potentially save, you can pay the $500 uninsured motorist fee and take the risk of driving around without ANY insurance. That fee expires with your registratrion and you won't get a pro-rated amount back if you happen to sell your car.
If you aren't going to be driving the car at all and want to potentially save, you can pay the $500 uninsured motorist fee and take the risk of driving around without ANY insurance. That fee expires with your registratrion and you won't get a pro-rated amount back if you happen to sell your car.
#5
Re: Need insurance help
Well first things first, is there a lien on the car? If so you will need full coverage, which is collision and comprehensive (often called "other than collision"). The state minimums for Virginia is 25/50/20, which means it will cover $25,000 of bodily injury per person, and a maximum of $50,000 per incident, and up to $20,000 in property damage.
If you aren't going to be driving the car at all and want to potentially save, you can pay the $500 uninsured motorist fee and take the risk of driving around without ANY insurance. That fee expires with your registratrion and you won't get a pro-rated amount back if you happen to sell your car.
If you aren't going to be driving the car at all and want to potentially save, you can pay the $500 uninsured motorist fee and take the risk of driving around without ANY insurance. That fee expires with your registratrion and you won't get a pro-rated amount back if you happen to sell your car.
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Royalty
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11-09-2005 01:55 PM