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BroadHopper · 04-25-2018, 04:58 PM

Got a quote from Progressive. They are trying to match or better what I currently have. Currently pay $147, they came up with $145.
Key difference is the liability coverage, old was 100/300/100.
Progressive is 50/100/50. Progressive claims it is more than sufficient.
Progressive comp/collision is $12,000 compared to $10,510
Progressive deductible is $1000 compared to $250. Progressive reduced the deductible by $250 a yr till $0 in 4 years if I make no claims.
Progressive tow coverage is $30 compared to $200. Really not needed as I have Boat US coverage.
No mention of the sign and glide

The question I have is how much liability coverage should I have?
My neighbor has 250/500/250 and pay the same premium but with another company.

I did have a discussion with a financial planner. This makes sense why pay liability coverage for each automobile, boat etc. When one liability coverage should be sufficient for all, sort of like a blanket policy?

Comments?

04-25-2018, 04:58 PM	#4
BroadHopper Senior Member Join Date: Oct 2004 Location: Laconia NH Posts: 5,512 Thanks: 3,118 Thanked 1,090 Times in 784 Posts	Progressive Got a quote from Progressive. They are trying to match or better what I currently have. Currently pay $147, they came up with $145. Key difference is the liability coverage, old was 100/300/100. Progressive is 50/100/50. Progressive claims it is more than sufficient. Progressive comp/collision is $12,000 compared to $10,510 Progressive deductible is $1000 compared to $250. Progressive reduced the deductible by $250 a yr till $0 in 4 years if I make no claims. Progressive tow coverage is $30 compared to $200. Really not needed as I have Boat US coverage. No mention of the sign and glide The question I have is how much liability coverage should I have? My neighbor has 250/500/250 and pay the same premium but with another company. I did have a discussion with a financial planner. This makes sense why pay liability coverage for each automobile, boat etc. When one liability coverage should be sufficient for all, sort of like a blanket policy? Comments? __________________ Someday may never be an actual day.