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TulaneUVA 
Virginia Fan
Member since Jun 2005
17477 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:44 pm to CaptainsWafer)
I mean, I could decline it. But yes, I have it right now. And it's $25k.
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CaptainsWafer 
LSU Fan
Snapping necks and cashing checks.
Member since Feb 2006
34262 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:46 pm to TulaneUVA)
I carry UM on a Jeep I barely drive. The decision is yours, but I won't go without it.
This post was edited on 12/3 at 11:47 pm
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zeebo
LSU Fan
Member since Jan 2008
1812 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/4/12 at 12:23 am to CaptainsWafer)
UM is pretty cheap. Got in a accident 3 years ago. So glad I had it. Other driver had none.
Don't scrimp on this.
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hiroller
LSU Fan
The Palms
Member since Sep 2005
984 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/4/12 at 12:33 am to samson73103)
Does Alabama require any auto insurance?
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yellowfin 
Illinois Fan
Paige is Pretty
Member since May 2006
53023 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/4/12 at 7:33 am to TulaneUVA)
opinions differ
I don't carry it because I have health insurance and I'm not looking to get paid for pain and suffering
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Motorboat
LSU Fan
Baton Rouge
Member since Oct 2007
5230 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/4/12 at 7:42 am to Tbobby)
quote:
Tbobby
quote:
UMBI is very misleading.
No, you are misleading. quote:
If you want pain and suffering, you will sue whether you have UMBI or not. UMBI is nothing more than unnecessary health insurance
Wrong! Health insurance does not pay for pain and suffering or lost wages. UMBI has NOTHING to do with property damage. Not even sure why property damage is coming into question here.
ETA: I consider my self as close to an expert as I can legally claim to be on this subject. I deal with it everyday. Any more questions you guys need answered?
This post was edited on 12/4 at 7:47 am
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OTIS2
LSU Fan
NoLA
Member since Jul 2008
18833 posts
 Online
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:24 am to Motorboat)
Motorboat, as I pointed out to Rump, you can't fix stupid. Thank goodness for stupidity...it feeds my family. 
This post was edited on 12/5 at 7:25 am
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ErnestTBassmaster 
Alabama Fan
White Plains, Alabama
Member since Sep 2010
668 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:41 am to CaptainsWafer)
There is but one answer to the OP's question: immediately load up with as much UM coverage as you can afford. If you are hit by a drunk and uninsured driver, yes, your own company will cover the cost of your property damage, but that is all. If you have a serious injury, and the other driver is only carrying minimum coverage (in Alabama, $25,000) or has no insurance, this is the only coverage which will reimburse you for pain and suffering and lost wages which exceed the value of the other driver's coverage. In addition, it is relatively cheap. I represent many folks whose UM coverage is all they have and who come out of a wreck with permanently disabling injuries.
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Sophandros 
New Orleans Saints Fan
R'Lyeh
Member since Feb 2005
40617 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:43 am to TulaneUVA)
Uninsured also covers underinsured people who hit you (and they will hit you), so it's better to have it than not.
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Sophandros
New Orleans Saints Fan
R'Lyeh
Member since Feb 2005
40617 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:44 am to Tbobby)
quote:
Everyone who says yes does not know what UMBI is.
False.
Then again, I'm not completely unbiased here...
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Sophandros
New Orleans Saints Fan
R'Lyeh
Member since Feb 2005
40617 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:46 am to TulaneUVA)
quote:
That's what collision is for right? If uninsured motorist hits me, I pay 500 deductible and get paid. No biggie
collision pays for damage caused to your vehicle in an accident.
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Sophandros
New Orleans Saints Fan
R'Lyeh
Member since Feb 2005
40617 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:47 am to Tbobby)
quote:
That's what collision is for right? If uninsured motorist hits me, I pay 500 deductible and get paid. No biggie
Correct.
You really need to step out of the thread.
Collision is a physical damage coverage, which means that it is what covers THE VEHICLE, not the driver.
UMBI is a liability coverage, which is what covers the driver.
Hell, they're under separate lines on Page 14. You know what Page 14 is, don't you?
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yellowfin
Illinois Fan
Paige is Pretty
Member since May 2006
53023 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:50 am to ErnestTBassmaster)
I have collision, health insurance, ST/LT disability, and Life.
Convince me to buy UMBI
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Slickback
LSU Fan
Deer Stand
Member since Mar 2008
22312 posts
Online
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:50 am to TulaneUVA)
I carry the minimum umbi. It acts as a supplement to health insurance. Will pay deductibles, cosmetic surgery that some health ins wont pay, and some other things health ins won't pay (loss of wages etc).
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ErnestTBassmaster
Alabama Fan
White Plains, Alabama
Member since Sep 2010
668 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:50 am to rumproast)
quote:
I would suggest more than $25k. But, if that is what you have, then it is till 25k more than you would otherwise have
This. And if you are wise, you will max out on UIM coverage regardless of what your liability coverage limits are. I carry 100/300 ($100,000 max for any one person, $300,000 max per accident)on all my cars, and it is cheap. And for the guy who says he would not be interested in recovering for pain and suffering, wait until a really terrible wreck takes place and you and your family lose everything; I suggest that $100,000 might help avoid that. Most folks don't have great disability coverage.
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Sophandros
New Orleans Saints Fan
R'Lyeh
Member since Feb 2005
40617 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:51 am to Tbobby)
quote:
Collision insurance covers vehicular damage to your own vehicle caused by an uninsured motorist.
It covers collision damage. Period.
quote:
Your health insurance covers your own medical injuries.
To an extent.
quote:
If you are a dirtbag and want to sue for pain and suffering, any cheesy personal injury attorney will help whether you have UMBI or not.
Your health insurance may not cover everything that occurs in you auto accident with an uninsured motorist. And as others have said, there may be other passengers in your car when you get hit. UMBI protects YOU from anything that happens to them.
But what the frick do I know? I've only worked in various aspects of the insurance industry since the late 1990s. Hell, depending on who your carrier is, I may have helped set your rates.
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Sophandros
New Orleans Saints Fan
R'Lyeh
Member since Feb 2005
40617 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:52 am to jasonb01)
quote:
Can someone confirm that this is true, even if you carry comp and collision on your policy?
If you have full coverage (ie, comp and collision), then the damage to your vehicle is covered. However, the damage to you and any passengers isn't covered unless you carry UM.
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ErnestTBassmaster
Alabama Fan
White Plains, Alabama
Member since Sep 2010
668 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 7:58 am to Sophandros)
Insurers hate to write UM coverage despite there being laws on the books requiring all drivers to have liability insurance. In Alabama, insurers must write UIM coverage up to the limits of your liability coverage, but they encourage you to waive the UM benefit. Frankly, from the insured's point of view, that is being penny wise and pound foolish. Example: your daughter is paralyzed from the neck down after being involved in a wreck with an uninsured driver. Sure, your medical insurance is going to pay for most of her medical expenses, but it is not going to cover the cost of renovating her house to accommodate someone who has to get around in a wheelchair, or, worse, to pay for someone to sit with her if she cannot get around at all. Personally, I would be glad to have the $100,000 to help defray these costs, regardless of whether you believe that folks who claim pain and suffering damages are greedy.
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OTIS2
LSU Fan
NoLA
Member since Jul 2008
18833 posts
Online
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 8:10 am to yellowfin)
quote:
Convince me to buy UMBI
Read Earnest T's posts. He's telling the truth. Insurers don't like to write it, but next to a health policy, it's the most important coverage a driver can have, that isn't mandatory(and nonwaivable). Honest. I deal with the consequences of a lack of proper coverage often, and they can be life-altering in a very,very bad way.
This post was edited on 12/5 at 8:11 am
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ErnestTBassmaster
Alabama Fan
White Plains, Alabama
Member since Sep 2010
668 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/5/12 at 8:15 am to OTIS2)
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