I do wonder if there’s a sweet spot between over-insuring and just scraping by.
Honestly, I’d say go for at least 50/100/50 if you can swing it. The minimum is just asking for headaches. We got hit with a $7k repair bill after a fender bender last year—$5k wouldn’t have covered squat. Not saying you need every add-on, but the bare minimum is just not enough these days.
I get where you’re coming from, but I’ve honestly never needed more than the minimum. Maybe I’ve just been lucky, but those higher premiums add up fast. I’d rather stash the difference in savings and hope for the best.
I get where you’re coming from—nobody likes paying more than they have to, and honestly, most people never need to use their coverage at all. But I’ve seen a lot of folks who thought the minimum was enough until something big happened. That’s when the reality check hits. The minimums in California are pretty low compared to what accidents actually cost these days. Even a minor fender bender can rack up bills fast, especially if there’s an injury involved.
That said, stashing the difference in savings isn’t a bad idea if you’re disciplined about it. Just keep in mind, one bad accident could wipe out years of savings in a heartbeat. It’s a gamble either way, really. If you’ve been lucky so far, that’s great—just don’t count on luck holding forever.
- Totally hear you on the “nobody likes paying more” part.
- I’ve got two kids and honestly, peace of mind is worth a bit extra to me.
- Had a neighbor who thought the minimum was fine—until a rear-end accident put him on the hook for way more than his policy covered.
- Stashing the difference in savings sounds smart, but for us, I’d rather not risk it. One hospital bill can be brutal.
- Not saying everyone needs max coverage, but those minimums just feel risky these days... especially with how expensive everything’s gotten.
Honestly, I get the whole “peace of mind” thing, especially with kids in the car.
That’s what worries me too. But sometimes I wonder—are we just paying for the “what ifs” that might never happen? I mean, I’ve never had a big claim, but then again, all it takes is one bad day. Has anyone actually had to use their higher coverage, or is it mostly just for the sleep-at-night factor?One hospital bill can be brutal.