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TulaneUVA 
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 10:58 pm to OTIS2)
I would go on disability at my job. Would not lose it. Work for big oil
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TH03 
Notre Dame Fan
Barves Fan
Member since Dec 2008
45667 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 10:58 pm to TulaneUVA)
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TulaneUVA
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:01 pm to TH03)
That's right. Be jelly
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OTIS2 
LSU Fan
NoLA
Member since Jul 2008
18496 posts
 Online
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:03 pm to TulaneUVA)
So your disability check would be equal to you salary? Will it pay your out of pocket medical expenses...copays and deductible ? Should you lose bodily function to some degree, your disability benefit going to compensate you for that?
This post was edited on 12/3 at 11:04 pm
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CaptainsWafer
Snapping necks and cashing checks.
Member since Feb 2006
33824 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:08 pm to TulaneUVA)
Can I be preserves instead?
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rumproast
Member since Dec 2003
6931 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:08 pm to DEG)
Well...if your spouse is killed...it would be nice to recover lost wages...loss of consortium.....wrongful death???? Right??? Obviously, health insurance doesn't help there, does it. Um is the most important coverage you can have period.....and to those who think this is greedy...well...I just hope it doesn't happen to you.
This post was edited on 12/3 at 11:15 pm
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OTIS2
LSU Fan
NoLA
Member since Jul 2008
18496 posts
Online
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:13 pm to rumproast)
Rump, you can't fix stupid.
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rumproast
Member since Dec 2003
6931 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:18 pm to OTIS2)
Ahh...its not stupidity....its a lack of understanding. I have several clients who have purchased significant um policies after getting screwed because of not having it....they werent stupid....just didnt understand the significance...or didnt think it could happen to them.
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TulaneUVA
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:20 pm to rumproast)
Don't have spouse. Single male with no dependents.
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TulaneUVA
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:22 pm to OTIS2)
quote:
So your disability check would be equal to you salary?
I don't remember the terms, but pretty much. Barring me being a quadriplegic, I am taken care of for a good while.
quote:
Will it pay your out of pocket medical expenses...copays and deductible ?
Copays and all that through my insurance are manageable. I had knee surgery (ACL reconstruction) and literally paid $0.
quote:
Should you lose bodily function to some degree, your disability benefit going to compensate you for that?
Up to a degree...but if I'm at that point, me having $25k UMBI policy is pocket change.
Look, I'm not saying you guys are wrong. I'm just saying that your reasons for getting it doesn't seem to fit my situation. Please tell me if I am incorrect.
So far, I am leaning towards getting it anyway just in case due to low dollar principle. You've convinced me...but if I was on a tighter budget, I would probably balk.
This post was edited on 12/3 at 11:24 pm
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rumproast
Member since Dec 2003
6931 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:24 pm to TulaneUVA)
Ok....suppose,you fracture a vertebrate....are paralyzed. You make $100k a year as an architect...but cant work anymore. Same difference. With um, you get something for that loss. There is a "pot" to collect from.
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CaptainsWafer
Snapping necks and cashing checks.
Member since Feb 2006
33824 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:25 pm to TulaneUVA)
How well do you know your agent?
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TulaneUVA
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:28 pm to rumproast)
quote:
You make $100k a year as an architect...but cant work anymore. Same difference. With um, you get something for that loss. There is a "pot" to collect from.
Agreed. But up to what the policy covers...which is again, a small chunk of change compared to not being able to work for the rest of your life as a person in their mid 20's. If some dude without insurance paralyzes you, you're fricked no matter what 'typical' uninsured motorist coverage you have. Yay, I get $25k...so what. I'm paralyzed.
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TulaneUVA
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:28 pm to CaptainsWafer)
quote:
How well do you know your agent?
Not well. Just switched insurances as my previous insurance agent left the company. Will get to know this chick very well tomorrow. 
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CaptainsWafer
Snapping necks and cashing checks.
Member since Feb 2006
33824 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:30 pm to TulaneUVA)
Well I'm not going to tell you to trust someone you don't know.
I believe I answered some of the questions asked on the thread too.
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rumproast
Member since Dec 2003
6931 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:31 pm to TulaneUVA)
I would suggest more than $25k. But, if that is what you have, then it is till 25k more than you would otherwise have. Can feed you for a few months anyway.....
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TulaneUVA
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:32 pm to CaptainsWafer)
You did, and they are much appreciated. Thanks.
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CaptainsWafer
Snapping necks and cashing checks.
Member since Feb 2006
33824 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:34 pm to TulaneUVA)
What liability limits do you carry?
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TulaneUVA
Virginia Fan
Member since Jun 2005
16930 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:38 pm to CaptainsWafer)
25/50
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CaptainsWafer
Snapping necks and cashing checks.
Member since Feb 2006
33824 posts
| re: Is there any reason to get uninsured motorist bodily injury insurance? (Posted on 12/3/12 at 11:41 pm to TulaneUVA)
Then I believe you'll have to carry 25/50 UM, should you chose to carry the coverage.
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