State Farm Insurance

[Arvin]

I've had auto insurance with State Farm since I was 16 - almost 40 years now, and home with them since I've owned a home - 25 years now. They quoted me about $800/year agreed value of $50,000. I went with Chrome for $700/year at $70,000 agreed value. State Farm is not in the business to insure specialty cars.

[jhv48]

Originally Posted by Arvin

I've had auto insurance with State Farm since I was 16 - almost 40 years now, and home with them since I've owned a home - 25 years now. They quoted me about $800/year agreed value of $50,000. I went with Chrome for $700/year at $70,000 agreed value. State Farm is not in the business to insure specialty cars.

But do you have a liability umbrella with State Farm as well? If so, your cobra isn't covered under it unless you meet their coverage requirements AND pay a higher premium for the umbrella due to the fact that your cobra is insured with another company. You might have saved $100 on one end and increased your liability exposure exponentially on the other.. Not worth it to me!