PRIVATE For Sale / Trade Classifieds Sell/Trade your stuff for free! NO COMMERCIAL POSTS!

Inusrance upgrades

Thread Tools
 
Search this Thread
 
  #1  
Old 11-25-2006 | 02:56 AM
ProjektH3's Avatar
Thread Starter
Joined: Sep 2006
Posts: 32
Default Inusrance upgrades

Did anyone have to up there coverages? I had the California required 30,000/60,000 and now I got a letter from GM finance saying in order for me to keep the loan through GMAC I need to up it to 100,000/300,000 worth of coverage. That seams like BS to me. My insurance bill is going to sky rocket. If thats the case im getting rid of the H3
 
  #2  
Old 11-25-2006 | 05:04 AM
SedonaBoundH3's Avatar
Senior Member
Joined: Aug 2006
Posts: 143
From:
Default RE: Inusrance upgrades


ORIGINAL: ProjektH3

Did anyone have to up there coverages? I had the California required 30,000/60,000 and now I got a letter from GM finance saying in order for me to keep the loan through GMAC I need to up it to 100,000/300,000 worth of coverage. That seams like BS to me. My insurance bill is going to sky rocket. If thats the case im getting rid of the H3
30/60 coverage is almost no coverage at all. If you have an accident and are held liable, you might be working for the other guy for a long time. 100/300 coverage is barely marginal.
 
  #3  
Old 11-25-2006 | 03:49 PM
jen813's Avatar
Joined: Apr 2006
Posts: 70
Default RE: Inusrance upgrades

I am in Ohio and I have 100/300 coverage and I pay $71 a month. I have never had a vehichle that the coverage was less than that on it. In fact my insurance only went up $2.00 a month when I got the H3 compaired to the Kia Sorento I was driving before.
 
  #4  
Old 11-25-2006 | 04:02 PM
cnynctry's Avatar
Member
Joined: Aug 2006
Posts: 76
From: Prescott Valley, AZ
Default RE: Inusrance upgrades

Did you lease the truck? If so most times it's part of requirements for a lease.
 
  #5  
Old 11-26-2006 | 03:08 PM
ProjektH3's Avatar
Thread Starter
Joined: Sep 2006
Posts: 32
Default RE: Inusrance upgrades

I spoke with my Insurance Agent. She says that common for higher end vehicles when fianancing through GMAC as opposed to smaller banks. The upgrage only cost about 10 bucks more a month. (And thats adding a little more coverage to my wrangler too. So its all good.
 
  #6  
Old 11-26-2006 | 04:18 PM
dilo2001gt's Avatar
Joined: Sep 2005
Posts: 4,300
From:
Default RE: Inusrance upgrades

All insurance companies if you lease or have a loan want a certain coverage so they do not lose.
If you own it you can pick any coverage you want but the lower you go you lose.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
whododat
PRIVATE For Sale / Trade Classifieds
12
08-10-2008 05:12 PM
ttkresurfacing
PRIVATE For Sale / Trade Classifieds
4
03-12-2008 03:11 PM
AlbertaH1
PRIVATE For Sale / Trade Classifieds
4
02-04-2008 01:51 PM
Dmpro45
PRIVATE For Sale / Trade Classifieds
3
09-10-2006 09:17 PM
ramsesthedog
PRIVATE For Sale / Trade Classifieds
3
05-09-2006 05:22 PM




All times are GMT -5. The time now is 09:37 AM.