What is the average limits that you have on you auto full-coverage insurance?

What is the average limits that you have on you auto full-coverage insurance?

I live in Chicago Illinois. The lowest limits are 20/40/15.


Sorry, there's no average."full coverage" means, liability, collision, and comprehensive. It doesn't mean towing, it doesn't mean medical payments, and it doesn't imply ANY limit besides state minimum.How much should YOU carry? YOu should carry limits high enough to cover what you're worth, PLUS three years of future wages.Source(s):agent, 21+ years


Limits of liability is something that only YOU and your local independent insurance agent can determine.....after all, how long should a piece of rope be? It should be long enough to get the job done.You do NOT want to have an accident and have an insurance company send you a "reservation of rights letter" stating something like "we are going to represent you up to the full limits of your policy - but, due to your recent accident being SO SEVERE....we recommend that you seek your own legal counsel." So, in other words, they are going to bail out on you and leave you sitting on the court house steps.You need to determine your assets and be sure that you insure yourself accordingly. It is better to HAVE it and not NEED it than it is to NEED it and not HAVE it!Good luck and I hope this helps!Source(s):Independent insurance agent for 27+ years


In my state CO, most drivers I insure have 100/300/100. The state requires 25/50/15.Source(s):Insurance Agent



Popular Q&A

What are some cheap auto insurance companies in Phoenix Arizona?
Cheap Car Insurance(212) 729-4486CheapCarInsuranceCo.co...Get a Quote | Get a DiscountPhoenix, AZ 85013

I am interested in buying a car to restore. Car does not have a title, it was lost. How do I get a title?
Contact your local DOT office. There is one in Longview Texas but I am sure that there are more. Notice I said DOT (Department of Transportation.)If you don't know where to go, go to your local tax office where you pay your registration or taxes. They will instruct you as to what you need...

What does it take to become a state farm insurance agent?
State Farm is a great company to work for. As you know they are the top auto insurance company in the nation, therefore the company is in a stable financial position.To become an agent at State Farm you need a bachelors degree, most likely in Business Administration. Most agents start out...

I need parts for a 89 4-door xj6 Jaguar. I live in the metro Detroit area.?
1988Lid/GateJaguar XJ 6 *XJ6-BLACK-4DR, 8371 $300.03 Mitch's Auto USA-MI(Detroit) Request_Quote 1-800-283-3634 Request_Insurance_Quote1991Lid/GateJaguar XJ 6 *XJ6-BLACK-SOVEREIGN 9921 $300.03 Mitch's Auto USA-MI(Detroit) Request_Quote 1-800-283-3634 Request_Insurance_Quote1992Lid/GateJaguar...

Does a cinnamon red 1997 cadillac cost more to insure than a beige one same model?
I haven't ever had an insurance company ask me the color of the car. In fact I haven't ever seen a form that ask the color of a vehicle. I would have to say no. However, stats have shown that red cars do get ticketed more often than any other color. I really don't think color should impact...