Personal Finance (Not Investing) • Progressive auto insurance (for 2 cars) need ideas to cut some costs

I used a Broker sometime last year and switched over our insurances.

As of now, I have got two cars insured under Progressive: Subaru Ascent (lease) and Chevy Bolt (financing it).

Does any of the benefits stand out as candidates for trimming down or getting rid of completely to save some money?

I pay $1780 every 6 months and I live in Michigan. The whole family is under my insurance through work.

Thank you in advance.

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• My first thought is to cut down on Personal Injury Protection (PIP) Medical Expense for both vehicles since we already have medical insurance.

• As another user pointed out, I plan on removing the road side assistance for both.

• I could also be removing rental assistance completely. I will get buy. It's not like we have only one car.

• Currently, deductibles are $1000 so maybe I can increase a little bit

For Subaru Ascent:

Uninsured/Underinsured Motorist
$100,000 each person,$300,000 each accident$8.00

Limited Property Damage
$3,000 each accident$5.00

Property Protection Insurance
$1,000,000 each accident$13.00

Personal Injury Protection (PIP) Medical Expense
Unlimited Medical Expense$68.00

Personal Injury Protection (Work Loss/Replacement Services)
Selected$4.00

Personal Injury Protection (Attendant Care Rider)
No Coverage$0.00

Comprehensive
$1,000 deductible with $50 Glass deductible$170.00

Collision
$1,000 deductible - Broad Form$285.00

Rental Reimbursement
$40 each day,maximum 30 days$27.00

Roadside Assistance
Selected$5.00

Custom Parts and/or Equipment value
No Coverage$0.00

Loan/Lease Payoff
Selected$10.00

Total: $674

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For Chevy Bolt:
Bodily Injury & Property Damage Liability
$100,000 each person,$300,000 each accident,$50,000 each accident
$90.00

Uninsured/Underinsured Motorist
$100,000 each person,$300,000 each accident
$16.00

Limited Property Damage
$3,000 each accident
$5.00

Property Protection Insurance
$1,000,000 each accident
$11.00

Personal Injury Protection (PIP) Medical Expense
Unlimited Medical Expense
$138.00

Personal Injury Protection (Work Loss/Replacement Services)
Selected
$8.00

Personal Injury Protection (Attendant Care Rider)
No Coverage
$0.00

Comprehensive
$1,000 deductible with $50 Glass deductible
$165.00

Collision
$1,000 deductible - Broad Form
$443.00

Rental Reimbursement
$40 each day,maximum 30 days
$27.00

Roadside Assistance
Selected
$5.00

Custom Parts and/or Equipment value
No Coverage
$0.00

Loan/Lease Payoff
No Coverage
$0.00

Total vehicle premium
$908.00

Statistics: Posted by welloiledinvestor — Fri Aug 02, 2024 10:24 pm — Replies 2 — Views 260

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