Insurance FYI-RE: Limits of Liability

Soupy · 04-24-2004, 1:17 PM

I recently added a bike to my current liability only motorcycle policy with Progressive. I checked quotes for all the different limits of liability that were available. This in turn showed me that they charge no more for $20,000/$50,000/$10,000 than they do for the highest limits available...$250,000/$500,000/$100,000. Needless to say....i changed my limits of liability to the highest available.

I'm not exactly sure why this is, but I dont think it could hurt anything.

abtech · 04-24-2004, 2:10 PM

Quote:

Originally Posted by Soupy

I recently added a bike to my current liability only motorcycle policy with Progressive. I checked quotes for all the different limits of liability that were available. This in turn showed me that they charge no more for $20,000/$50,000/$10,000 than they do for the highest limits available...$250,000/$500,000/$100,000. Needless to say....i changed my limits of liability to the highest available.

I'm not exactly sure why this is, but I dont think it could hurt anything.

It certainly won't hurt if the accident you get sued over involves a tractor/trailer or two . . .

EatnAsphalt · 04-25-2004, 12:57 AM

So you're saying Progressive over charges for the lesser one...

Soupy · 04-25-2004, 10:00 AM

Quote:

Originally Posted by EatnAsphalt

So you're saying Progressive over charges for the lesser one...

thats one way of lookin at it.....i'm happy with my rates....