How much auto insurance do I need if I own a home

Submitted by seanpic on Thu, 04/25/2013 - 17:12

My auto insurance company told me that if I'm in an accident and I don't have enough auto insurance I can be sued and possibly lose my home. I never heard of anyone losing their home because of an auto accident. If I have a good driving record, how much insurance do I really need and can I really lose my home if I don't have enough? and how do you collect from someone who doesn't have any insurance? It seems stupid to carry uninsured insurance if I can sue someone for damages.

Posted: 26 Apr 2013 05:38 Post Subject:

My auto insurance company told me that if I'm in an accident and I don't have enough auto insurance I can be sued and possibly lose my home.



Which company told you such a thing?

I never heard of anyone losing their home because of an auto accident.



There is nothing as such!


If I have a good driving record, how much insurance do I really need...



Which state are you in? You state has its own mandates. Check with your state's department of insurance.

I'd recommend you to have collision coverage, comprehensive and UM/UIM apart from basic liability insurance.


...and how do you collect from someone who doesn't have any insurance?



Simple! Catch him and take him to a small claims court.

Posted: 29 Apr 2013 03:54 Post Subject: Thanks

Okay Friends Thanks for the suggestion

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