4 Different Types of Car Insurance | What You NEED to KNOW

[@VGx7]

I have progressive, I attempted to max out my liability and it was going to increase my monthly payments by $200!

[@viccibankz]

I had the same issue

[@MillennialonFIRE]

I didn’t realize there was so much variety! Such an important topic.

[@DebtFreeMillennials]

I know! I feel like this is the stuff they need to teach in high school.

[@DebtFreeDad]

Good topic people really dont know and every state doesn't require uninsured or underinsured motorist coverage.

[@DebtFreeMillennials]

Yeah, each state is different with their car insurance requirements.

[@taylorb.9006]

Recently swapped insurance companies to have slightly better coverage. Dropped from $106 to $73.33 in Alabama. Full coverage with $1000 deductible.

[@DebtFreeMillennials]

Nice work!

[@livingunashamed4869]

Good video. I'm paying $60.89 with USAA for a 2008 Honda in Louisiana, just liability w/ $250 deductible. Will go to max deductible once I finish full emergency fund. So yeah definitely get the highest deductible once you have the emergency fund to cover it.

[@DebtFreeMillennials]

Awesome! Yes maxing out that deductible will def help you with your premium costs.

[@livingunashamed4869]

@@DebtFreeMillennials Was it just a couple of dollars difference?

[@DebtFreeMillennials]

@@livingunashamed4869 when i maxed out my deductible specifically on collision coverage, there was a $370 annual difference! That's a BIG swing in premium costs. Highly recommend you look at maxing out your deductible on collision.

[@livingunashamed4869]

@@DebtFreeMillennials Oh ok. I'm so silly I don't think there is a deductible with just liability lol.

[@kelleydisney31]

Thanks for this info. I have put off researching this but I am going to look into different rates now 🙂

[@DebtFreeMillennials]

glad to hear it!

[@pennyalavaca]

How are you paying that little per month with full coverage? I have a clean record with a similar car and with full coverage (not even maxed out liability) I would be paying 100 a month with Geico I wasn't going to bundle but maybe that's the big saver because I'm using 1000 deductible in my quote.

[@Anncha96]

I am paying 607 for six months in Virginia for comprehensive auto insurance from progressive

[@AskTheLatina]

Located in Michigan we had a hit and run in a commuter lot. They insurance Progressive claim assistant said that in Michigan we do not pay deductible. But cannot remember was I was supposed to do. My deductible was $500. Also any knowledge of work loss waiver?/.

[@electricpenguin32]

Dang lol maybe I’m getting a better deal than I thought. I have full coverage and pay just under $60/mo on my Toyota Corolla in IA. $500 deductible, 25 years old.

[@DebtFreeMillennials]

Good deal! So what happens if you increase your deductible to $1,000?

[@electricpenguin32]

@@DebtFreeMillennials I think when I was reviewing my plan before I was scared to do this as I had $0 savings. But it would be something to look into now!

[@MaríaAntonietaQuepóns-o8r]

Hi! when Iwas looking around for car insurance do pay 231.00 for down payment after $85.00 for 3 mo. now they want me to pay $132.00 for the next 3 mo. that's why I am looking for another one.

[@brandijones2007]

$234 a month for myself and a teen driver, two cars. One with full coverage and the other liability only

[@brandijones2007]

Oh yea I'm in Georgia

[@jonatangarcia2873]

That what up my guy trying to get my car insurance right now any tips ???

[@sonicspeed6457]

Nice video!! I give it a thumbs up 👍👍👍

[@DebtFreeMillennials]

thanks!

[@EsOscarrr]

Amazing video. So helpful with all this information :))

[@DebtFreeMillennials]

Glad it was helpful!

[@pnoipr8]

if let's say i purchase a car insurance through gabi, and i pay for 6 months, do i have to call my previous car insurance to cancel my old insurance so i dont pay double, or does gabi do it for me and i dont have to call my old insurance to cancel it. and lets say one day in march i pay for my old car insurance , and then the next day i find out about gabi, and want to buy a different car insurance. The money that i paid the day before in march, will i get that money refunded or will it be used for the car insurance that i bought the next day through gabi, or will i have lost that money for that month?

[@renet2388]

I'm 24, no accidents (first car) and I'm being charged $140!

[@DebtFreeMillennials]

How long have you been driving for? How old is your car? there's honestly so many factors that go into your premium. Also, make sure you look at those changes to the deductible and that could help lower your premium.

[@SoferiaNebruin]

ONLY???? Wow, no wonder car insurance is expensive. PEOPLE ACTUALLY PAY ridiculous amounts and think they are getting a good deal. Insurance companies are adept scam artists.

[@andresukhoo5078]

im turning 25 in September, and I plan on getting a new vehicle, I want the lowest rates possible (just like everyone else) new video for new drivers?

[@DebtFreeMillennials]

How long have you been driving? Unfortunately, if you are a new driver, you'll have the highest premium costs because you haven't had enough driving history. A good way to combat this would be to get on someone else's policy (like your parents or combining with a partner who has a good driving record)

[@LivingSwedish]

Just need a car now 😝

[@DebtFreeMillennials]

😂😂

[@DebtFreeDad]

Here 1st wow

[@ownme-hr2ne]

Oh really? Omg, no wonder car insurance is expensive. PEOPLE ACTUALLY PAY ridiculous amounts and think they are getting a good deal. Insurance companies are adept scam artists.

[@wesmyers7366]

Justine do you know how much money you saved me with this video? I am saying all of that to say........would you marry me?😘I could kiss you if I was there. Thank you so much for this video! I have been paying those high priced monthly payments and dealing with agents all my Life. I said later for them 11 days ago! Thank you again.

[@jayare9160]

Are you single? 🙊

[@korn6668]

Thank you!