Author Topic: Umbrella insurance  (Read 11543 times)

boilermaker75

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Re: Umbrella insurance
« Reply #30 on: May 15, 2018, 10:10:09 AM »
Quote
I just did a quick quote on USAA.   $43.58/month for 1 million.    $65.36/month for 2 million. 

A year later.  I did another quote on USAA.   $30.46/month for 1 million.    $45.70/month for 2 million.

I'm obviously paying way too much with GEICO.


redhots

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Re: Umbrella insurance
« Reply #31 on: May 15, 2018, 10:23:48 AM »
You are joking, right?     $5 million at USAA for me $91.40/Month or $1,096.74 a year

boilermaker75

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Re: Umbrella insurance
« Reply #32 on: May 15, 2018, 10:44:21 AM »
You are joking, right?     $5 million at USAA for me $91.40/Month or $1,096.74 a year

I misread, I thought that was per year, not per month. My GEICO is a good deal.

bookie71

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Re: Umbrella insurance
« Reply #33 on: May 16, 2018, 09:43:06 AM »
I just paid my 1,000,000 general liability policy from State Farm, it was 184 for one year.
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randomep

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Re: Umbrella insurance
« Reply #34 on: June 01, 2018, 01:13:29 PM »
$25 for 1M??? Where can I get such rate??

I'm in Massachusetts. A year or so ago got quote for $380 for 1M, $680 for 2M from Geico-recommended company (Geico does not offer umbrella in MA).

AAA insurance quoted $200 for 1M but only if I transfer all my house/car insurance to them. I have house insurance with them, but they refused to offer umbrella if the car insurance was elsewhere.

Might be MA, but these prices seemed very steep for me.

I think the OP should have said $25/month, that's what I presume he meant.

Spekulatius

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Re: Umbrella insurance
« Reply #35 on: June 20, 2018, 07:38:16 PM »
Geico‘s quote for $1M Umbrella went to ~$370 annually. Too much for me - I got a quote from my insurance broker for less than half that from a mutual insurer I have my house insured with.

The differences for exactly the same thing are striking. I know that I had quotes from Geico for <$200 a few years ago. A lot of the mutual insurance companies in New England are very competitive.
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boilermaker75

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Re: Umbrella insurance
« Reply #36 on: October 05, 2018, 02:34:47 PM »
Geico‘s quote for $1M Umbrella went to ~$370 annually. Too much for me - I got a quote from my insurance broker for less than half that from a mutual insurer I have my house insured with.

The differences for exactly the same thing are striking. I know that I had quotes from Geico for <$200 a few years ago. A lot of the mutual insurance companies in New England are very competitive.

Our GEICO umbrella came due late September. It was $812 up from $756 last year for $5 million.