How Much Car Insurance Do I Actually Need?

“For 1 thing there’s no expensive football players on their commercials” lol ain’t that the truth

Dave i have State Farm now and dealing with a fight now because of an uninsured motorist im just lost at what to do. We have full coverage but just now finding out we do not have uninsured motorist assuming it was part of full coverage

I am eternally grateful to the AmFam affiliated agent who flat out told me I should look for car insurance somewhere else because the only plan he could pull for me was unreasonably expensive.

very helpful

lol that was a bunch of jibber, Jabba Bullsh!!! You don’t know it all Dave so stop acting like you have all the answers to every question!!!

i pay over 300 a month and my car insurance cant cover a flat tire even if i go a yr without any incidents that money i paid is lost and wont give any value back now i gotta pay out of pocket and pay for another yr of car insurance for what? 🤔 just to avoid a $5k Fine gotcha 👍

State farm rely bad I have been with them many years recently someone without I suran e hit my car and iam fi di g hard time with claim. It seems that they are trying not to pay. think I need to change to different company.

As someone who has years in the PI word, I would recommend that your UM (uninsured or underinsured- to protect yourself) coverage matches your Liability insurance coverage. Here to help if you have any specific questions, cheers.

Where can I find an independent agent?

My parents in a big city Suburb (Chicago) and myself in small town ND. We have always had State Farm. Not only have they always paid our claims, talking with others our rate are way less expensive than most others places. Loyalty matters. I’ve had them for over 30 years and my parents over 60 years

hi dave mai lene aaya hu apki........khabar

well well well there have been soo many scams by this no watch out

So liability is better than full coverage?

Insurance is all about protecting you and your family from losing what you have earned now and in the future. Its important to have a clear understanding of how insurance works and what you stand to lose. So many options and questions. I'm no longer an agency owner and do not sell insurance so all the information I provide is to help you become a better educated consumer. Questions? Reach out. Thanks for all that you do Dave! Always listen.

Wow, I didn’t know about this thank you.

I've been a Dave fan for two decades. I want to see someone like Dave Ramsey take on the GIG economy for their abusive human rights records and abhorrent labor practices. For example, Dave recommends a part-time job as a food delivery driver, with intensity and focus. I SHIPTED until I found out my insurance did not cover me as a driver. You can't be a gig driver without a commercial insurance policy. A commercial insurance policy in FL is no less than $5k a year. Part-time gigging with intensity and focus brings you $1k a month, tops, over and above your full-time job. But with commercial car insurance (because these filthy rich gig companies won't provide commercial insurance), we pay $420 a month MINIMUM. Then there are taxes, high gas prices, and car maintenance costs. That leaves you about $300 a month if you're lucky.

That doesn't get you out of debt using the snowball effect, not for at least the first five years of gigging and snowballing, with intensity and focus and ZERO DISTRACTIONS or the need for any type of entertainment in those five years.

Then there is the fact that my son was just dropped by GEICO for delivering pizza. They wanted $6k for a new commercial policy.

I think UBER/UBER EATS is the only company that provides commercial insurance so our family will be looking into working for them, but pizza delivery is OUT.

THE GIG/PIZZA DELIVERY ECONOMY IS GETTING AWAY WITH MURDER!! Dave and other activists need to fight them on capitol hill, not recommend them for income. SOMEONE, please rein them in. Vent over.

What a waste of time. He didnt answer shyt

Well actually he didnt answer his question

Your price is determined by statistics. If your learn how companies rate you then you can make better choices. Switching every year eventually puts you in the defector pool and most companies will charge you more because your a bad investment. You need enough insurance to prevent losing your assets.

Car insurance keep rising for safe drivers to pay for the reckless crotch rockets and street racers.
Total unfair and should be illegal

Question - why is a quote for a 24 year old male who drives a Corolla less than 5000 miles a year over $1200 for 6 months?

I have found ZERO offers lower than $1000, but I see plenty of people talking about these prices for a 12 month policy.

Any ideas?

Welcome to my state of Michigan where car insurance costs your entire retirement savings and your rates go even higher when you’re debt free with no credit. Highest premiums and worst roads in the nation. Enjoy Pure Michigan.

$300/month for low liability, comprehensive and collision

Geico is so expensive

Saved like 300$ just now

What deductible should i get my vechicle is paid off

Metromile is the way to go. I have car insurance through them and currently pay an average of $27/month.

He missed talking about medpay. I’m I and umpd. And deductibles. So at the end of the day, he only advised on 10% of the policy coverages. So not really a good advice. He did cover liability and that was correct.

I have a question should I have full coverage on a 2012 Kia forte or should I just go with State minimum insurance on a 2012 Kia forte I really appreciate some feedback thank you

he sucks

Hi Everyone, I am a licensed Insurance agent and if anyone has any questions please feel free to reach out regarding any insurance needs. Great video as always Dave and keep up the great work!

Great Insight, Ramsey. ✌

I have gone through one blog on Auto insurance - insurancehumanity. It has informative articles on various topics related to Auto Insurance. I have found following topics helpful:

What is the Mandatory Minimum for Auto Insurance in Your State?
How auto insurance premiums are calculated

🔥👌🏼

Me to thank you👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼

How about limited tort vs full tort

Dave Ramsey is correct on his first part but not on the second part. You want your insurance company to fight to not pay for the other car because that goes against your future premiums and the extra cost to you. No one pays more than State Farm and USAA for your actual car when you insure with them. Independent agents also will sell you companies like Hippo, Lemonade, The General and other substandard companies that will likely be cheaper on the front end but they won’t pay for your car when you damage it in an accident or have a comprehensive claim and they won’t pay for your claim if you do anything outside of the norm like lend your car to your sibling or parent who’s not listed on the policy or have your 16 year old have an accident the day they start driving and you haven’t yet added them as a driver to the policy. All insurance companies are not created equal.

So I don't want the Rodgers rate :(

Do people driving around trying to have more children in co signed vehicles or sports cars with switched plates abd tickets that end up on others driving record cost everyone more every time someone with no insurance gets a ticket?

And what Insurer do YOU have DAVE?!
Bet you La FARMERS INS 😃👨‍🌾🤯

what is the best insurance company?

What you really need to be looking at is the insurance companies loss reserves. Doesn’t matter how great of a rate you get if your company can’t afford to pay claims. If you are saving $100/month on auto insurance by switching companies you should really do a hard look at that companies financials. Also on a side note, any time our insured is deemed “at fault” it is going to be scrutinized a lot harder because that is what you pay a big insurance company for. Nobody wants there insurer to rollover and play dead because ultimately that is going to cost our client more money in premium down the road. Do your research and don’t listen to this. Please.

Thank you for sharing

Good

All state, super expensive. Aaa is not bad, they are cheaper or Giego

What is this guy talking about, all you need is state minimum liability car insurance.

But what happens if and when you get into a collision... wouldn't it be more difficult for you to get that smaller insurer to pay out/handle the issue? Just curious but really want to know. I've personally always had Direct Auto

I agree, get at least 50k worth of liability! I al recommend a dash cam!

If there's no lien, pay for the minimum with highest deductible.