Honestly, I don’t get how anyone thinks $5k is enough for property damage these days. Have you seen what it costs to fix a bumper on a Tesla or even a regular SUV? It’s wild. I get trying to save money, but if you drive a lot—especially in LA traffic—those odds aren’t in your favor. I bumped someone’s car in a parking lot once and the bill was almost $3k for a tiny scratch. Makes you think twice about rolling with the bare minimum.
$5k barely scratches the surface if you hit anything newer or high-end. I had a minor fender bender with my Range Rover last year—just a low-speed tap—and the repair estimate was over $7k. Sensors, paint matching, all that tech... it adds up fast. Honestly, minimum coverage is just asking for trouble, especially in places like LA where even a parking lot mishap can turn into a huge bill. Cutting corners on insurance seems short-sighted to me.
Is it just me, or does it feel like car repairs have gotten way more expensive in the last few years? I mean, I get that newer cars have more tech and sensors, but $7k for a fender bender still blows my mind. If a small accident costs that much, what happens if you’re at fault for something bigger? Does anyone actually know how often minimum coverage leaves people on the hook for thousands? I get why people want to save money on insurance (especially if you’re young or broke), but is it really worth the risk if you could end up owing more than the car’s even worth? Seems like a gamble...
Honestly, I’ve seen it firsthand—my neighbor got rear-ended last year, and the repair bill for a mid-range SUV was over $9k. Minimum coverage barely scratched the surface. Has anyone actually had their insurance limits max out and had to pay the rest out of pocket?
Yeah, I’ve seen it happen more than once. People think minimum coverage is enough until they’re staring at a bill that’s double or triple their policy limit. Had a case last month where a guy rear-ended a Tesla—his insurance capped out at $5k for property damage, but the repairs were closer to $18k. He had to set up a payment plan for the rest. Makes you wonder if saving a few bucks on premiums is really worth it, right?
