Uninsured motorist coverage
#3216876
02/28/24 07:09 PM
02/28/24 07:09 PM
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Joined: Jan 2011
Posts: 16,096 Central Florida
larrymopar360
OP
Stud Muffin
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OP
Stud Muffin
Joined: Jan 2011
Posts: 16,096
Central Florida
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Hoping our in-house expert (Not-a-Charger) can answer this one;
I'm thinking of dropping my "Uninsured Motorist" coverage on my two older cars that aren't super valuable. I pay $600 a year just for this coverage, each car. I believe I'd be covered u to $10k and then have to sue in Civil Court. But if the car isn't worth more than $10k, what's the point? Medical should be covered by my medical insurance, right? State of Florida.
Facts are stubborn things.
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Re: Uninsured motorist coverage
[Re: topside]
#3216895
02/28/24 08:39 PM
02/28/24 08:39 PM
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Joined: May 2005
Posts: 4,879 Florida
BDW
master
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master
Joined: May 2005
Posts: 4,879
Florida
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Just went through this, only reason to have uninsured is for "pain and suffing", when other driver doesn't have coverage. GF got in a wreck 5 yrs ago, other driver had coverage, she received $300k settlement, much less in pocket after lawyer and medical fees. Fast forward 2 years, she complains about cost of her insurance, I say drop the uninsured, she saves a bunch. Then 2 yrs later, gets hit again, this time other driver has no insurance, she gets her $10k PIP minimum, attorney asks, "why don't you have uninsured coverage......." Oops
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Re: Uninsured motorist coverage
[Re: BDW]
#3216915
02/28/24 09:26 PM
02/28/24 09:26 PM
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Joined: Jan 2011
Posts: 16,096 Central Florida
larrymopar360
OP
Stud Muffin
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OP
Stud Muffin
Joined: Jan 2011
Posts: 16,096
Central Florida
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Just went through this, only reason to have uninsured is for "pain and suffing", when other driver doesn't have coverage. GF got in a wreck 5 yrs ago, other driver had coverage, she received $300k settlement, much less in pocket after lawyer and medical fees. Fast forward 2 years, she complains about cost of her insurance, I say drop the uninsured, she saves a bunch. Then 2 yrs later, gets hit again, this time other driver has no insurance, she gets her $10k PIP minimum, attorney asks, "why don't you have uninsured coverage......." Oops Valid point...it's a risk. It's just so expensive, but then Florida also has an estimated 20% of driver's that are uninsured. It's not hard for me to believe either.
Facts are stubborn things.
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Re: Uninsured motorist coverage
[Re: larrymopar360]
#3216933
02/28/24 10:39 PM
02/28/24 10:39 PM
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Joined: Dec 2007
Posts: 20,336 Puttin' on the foil in Charles...
not_a_charger
Mr. Big Shot Moparts Moderator
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Mr. Big Shot Moparts Moderator
Joined: Dec 2007
Posts: 20,336
Puttin' on the foil in Charles...
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You'd first have to determine whether your insurer charges UM as a single coverage applicable to all of your vehicles (that's what mine does), or if they charge you UM per vehicle. If it's a single coverage, you can't drop it unless you drop it completely. UM/UIM relates to injuries only, has nothing to do with the car you're driving, or any damages, etc.
My $.02, I would not drop it in FL, for the reasons already noted. Too many uninsured drivers, and also a low minimum limit required by law ($10k per person/$20k per accident). And a LOT of drivers in FL who have insurance carry those minimum limits...remember UM is also UIM, as in Underinsured Motorist. If you get hurt by an uninsured/underinsured motorist, you're going to be screwed. Also, how much UM/UIM coverage are you carrying?
Earning every penny of that moderator paycheck.
DBAP
"They don't think it be like it is, but it do." - Oscar Gamble
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Re: Uninsured motorist coverage
[Re: BDW]
#3216954
02/29/24 12:28 AM
02/29/24 12:28 AM
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Joined: Jan 2007
Posts: 10,308 A Red State
SNK-EYZ
I Live Here
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I Live Here
Joined: Jan 2007
Posts: 10,308
A Red State
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Just went through this, only reason to have uninsured is for "pain and suffing", when other driver doesn't have coverage. GF got in a wreck 5 yrs ago, other driver had coverage, she received $300k settlement, much less in pocket after lawyer and medical fees. Fast forward 2 years, she complains about cost of her insurance, I say drop the uninsured, she saves a bunch. Then 2 yrs later, gets hit again, this time other driver has no insurance, she gets her $10k PIP minimum, attorney asks, "why don't you have uninsured coverage......." Oops Exactly, it's my understanding the the Uninsured and Under-insured have nothing to do with the vehicle they're for medical expenses. Maybe someone in the auto insurance field will chime in.
Kayse can't keep up at all now. lol
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Re: Uninsured motorist coverage
[Re: SNK-EYZ]
#3216978
02/29/24 09:16 AM
02/29/24 09:16 AM
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Joined: Jan 2003
Posts: 1,652 PA
70Duster
top fuel
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top fuel
Joined: Jan 2003
Posts: 1,652
PA
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Just went through this, only reason to have uninsured is for "pain and suffing", when other driver doesn't have coverage. GF got in a wreck 5 yrs ago, other driver had coverage, she received $300k settlement, much less in pocket after lawyer and medical fees. Fast forward 2 years, she complains about cost of her insurance, I say drop the uninsured, she saves a bunch. Then 2 yrs later, gets hit again, this time other driver has no insurance, she gets her $10k PIP minimum, attorney asks, "why don't you have uninsured coverage......." Oops Exactly, it's my understanding the the Uninsured and Under-insured have nothing to do with the vehicle they're for medical expenses. Maybe someone in the auto insurance field will chime in. SNK-EYZ is correct. The value of the vehicle should not even be a consideration when deciding if you want Uninsured or Underinsured motorist coverage. It has nothing to do with what you'll get for the vehicle if someone hits it. It's for medical coverage.
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Re: Uninsured motorist coverage
[Re: 70Duster]
#3216981
02/29/24 09:33 AM
02/29/24 09:33 AM
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Joined: Nov 2003
Posts: 12,521 Western Colorado High Desert
moparmarks
I Live Here
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I Live Here
Joined: Nov 2003
Posts: 12,521
Western Colorado High Desert
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Here in Colorado we have UM/UIM for both medical and vehicle coverage. They are separate options and I have both on my cars that don't have full coverage. My UM/UIM vehicle coverage is about 120.00 year per car.
72 Satellite Sebring Plus 440, 72 Dart 5.9 4-spd, 68 Valiant, 73 W200, 78 D100 sb, 78 D200, 98 DAKOTA, . Moparmarks Parts & Restorations Desert Mopar Metal Grand Jct. CO 970-261-7039 http://moparmark.com/motormangj@gmail.com
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Re: Uninsured motorist coverage
[Re: moparmarks]
#3217012
02/29/24 12:12 PM
02/29/24 12:12 PM
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Joined: Nov 2004
Posts: 16,640 On the run…
BloFish
I Live Here
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I Live Here
Joined: Nov 2004
Posts: 16,640
On the run…
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That would be the last thing I would drop.
It really doesn't matter whether you win or lose… as long as you look good doing it!
‘65 A100 ‘69 ‘Cuda ‘73 Vega GT ‘06 Mega Cab ‘14 Mercedes SLK
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Re: Uninsured motorist coverage
[Re: Tom_440]
#3217051
02/29/24 01:53 PM
02/29/24 01:53 PM
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Joined: Aug 2019
Posts: 10,087 Super Spudsville
Mr PotatoHead
Half Baked
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Half Baked
Joined: Aug 2019
Posts: 10,087
Super Spudsville
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Whole thing is a BS racket. Start towing and crushing the non insured cars daily when found on the road if not a slight oversight. However how many drivers actually let there coverage lapse and not know it.
Zero excuses why it was let to get this way.
STOP POTATO HATE!
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Re: Uninsured motorist coverage
[Re: Michael]
#3217078
02/29/24 03:37 PM
02/29/24 03:37 PM
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Joined: Feb 2003
Posts: 10,303 Someplace you aren't
SomeCarGuy
I Live Here
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I Live Here
Joined: Feb 2003
Posts: 10,303
Someplace you aren't
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Since there is basically zero enforcement of laws, why would many of the worlds dirtbags have insurance? We had a parked car get hit by a paperboy. He slammed into another car and pushed that one into ours.
I called the paper and they gave me his card. Filed claim and was told it was a fake card. The paper said it want their problem, which is bs since they employed him without verified g his coverage. I was left to sue over like 500 in damages. They rightfully figure nobody will follow through with that sort of hassle.
So I turned to the cops. I went to the address on the fake card, it was correct and I took a picture of the red paint on his white car, matched the height of the hit. Police didn’t care, he was an illegal alien and it was a sanctuary city. They won’t bother.
Guy with other car didn’t want to get involved in any of the above, which I was told would help if they had a multiple complaint. His reason? He didn’t have insurance either.
I want my fair share
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Re: Uninsured motorist coverage
[Re: SomeCarGuy]
#3217080
02/29/24 03:39 PM
02/29/24 03:39 PM
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Joined: Feb 2003
Posts: 10,303 Someplace you aren't
SomeCarGuy
I Live Here
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I Live Here
Joined: Feb 2003
Posts: 10,303
Someplace you aren't
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Strangely, we have optional covers for underinsured motorists. It costs more, a lot more, than uninsured. I’ve never taken it for that reason. Iirc the uninsured has a low cap, but the under brings it up to your level and if you have a high limit policy it is a wide gulf up to what you have if they have a minimum.
I want my fair share
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