Originally Posted by ArmyofOne
True, they are different, and it likely varies by state. Just seems odd that they couldn't be competitive. My personal policy coverages are high as well, because I don't like leaving anything to chance. What if I rear end a bentley? it could happen.
One thing to make sure of is that you aren't over-insured because of your umbrella policy. I also have a 7 figure umbrella policy (crazy cheap for the protection) and I run the minimum policy maximums on my auto allowed by the umbrella (higher than typical as a requirement of the umbrella policy) because the umbrella kicks in and covers anything beyond the policy maximums under the auto or home at much less cost.
A lot of people are also over-insured.