So how do you know how much liability coverage you need with auto insurance? Or which other coverages I should get or should get rid of?
Geico lets me adjust all these limits online, but frankly I have no idea what I need.
This is what I have now with Geico for an '11 Altima that I own.
My wife (23) and myself (26) are insured to drive.
6 month premium: $313.45.
-Bodily Injury Liability: Up to $300K per person/$300K per incident, $75.78 premium
-Property Damage Liability: $100K, $50.54 premium
-Medical Payments for passengers in your car: None
-Uninsured Motorist Bodily Injury: Up to $300K per person/$300K per incident, $12.27 premium
-Underinsured Motorist: Up to $300K per person/$300K per incident, $5.42 premium
-Comprehensive: $100 deductible, $43.69 premium
-Collision: $500 deductible, $115.74 premium
-Uninsured Motorist Property Damage: None
-Emergency Road Service, $1.69 premium
-Rental Reimbursement, up to $30/day, $900 max, $8.32 premium
-Mechanical Breakdown Insurance (Must be added within 15 months of purchase, $16.92 premium for extended warranty valid for the 7 years of a car with a $250 deductible): None.