Personal Finance (Not Investing) • Is there a Boglehead consensus on how much car insurance to buy?

Just don't be an at-fault driver then. Don't speed through yellow light, don't follow too closely, don't race to the red light, don't change lane just for the sake of trying to move faster than traffic. Here's a big one: don't drive under influence.

I agree with you. I already do all those things. Accidents can still happen, even if unlikely. For example, you may not be able to avoid debris that cause a tire to blow. You could be considered at fault for this in CA. I just don't believe it's possible to eliminate the risk completely.
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Just take uber or something. It's cheaper and more convenient than hiring a chauffeur

Whether Uber is cheaper than driving depends on circumstances such as mileage. We live in a car dependent area, and it would definitely be inconvenient if we didn't have at least one car. In which case we need the maximum liability limit on the policy to qualify for umbrella.

Statistics: Posted by madbrain — Thu Mar 28, 2024 10:48 pm — Replies 37 — Views 1793

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