- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Uninsured Motorist Coverage- Needed or Not
Posted on 3/21/16 at 12:53 pm to specchaser
Posted on 3/21/16 at 12:53 pm to specchaser
quote:
Not going to debate it anymore, just too lazy and don't care that much. b
you said that on page 1
0
Posted on 3/21/16 at 1:00 pm to Phil A Sheo
quote:
Uninsured driver rates i believe are around 13% of motorist on road in Louisiana.. Underinsured however far exceeds that.
Vast majority have a minimum limits policy ($15k per person; $30k per accident).
You get popped pretty good, requiring an ambulance ride and an ER visit with overnight stay and it's gone already.
Posted on 3/21/16 at 1:04 pm to lapistola
quote:
The thing that sets it apart from other insurances is that its relatively cheap.
That should tell you something. Not going to debate whether you should/shouldn't carry it, but the price is relative with ALL insurance. Price is not a good way to compare across different types of insurance. The less likely it has to pay and/or the lower the coverage, the cheaper it is. Insurance companies aren't making it cheap out of the kindness of their heart; it is cheap because it has a very low likelihood of paying out.
It is like saying a long-term care policy is cheap for a 24 year old - of course it is, but it doesn't necessarily mean you should carry it.
Posted on 3/21/16 at 1:29 pm to specchaser
quote:Don't waste breath. He's the board contrarian on UM and pops up in every thread on the subject daring people to convince him that he needs it. Never mind all the credible arguments for owning such an incredibly cheap financial tool - you won't convince him otherwise. Like most people, he'll have to find out the hard way if he is to ever discover why he needs it - though I certainly hope he never has to and can live a long prosperous life saving $10/month without it
lucky you. My family is expensive. Not going to debate it anymore, just too lazy and don't care that much. but for just a few bucks a month, it's well worth it.
Posted on 3/21/16 at 1:30 pm to slackster
It's just as high as liability on my policy. But if you get in an accident and you can never work again you will collect around $9,000 total if the other driver has a basic policy, zero if he is uninsured.
Posted on 3/21/16 at 1:41 pm to NaturalBeam
Posted on 3/21/16 at 1:45 pm to NaturalBeam
quote:He probably doesn't.
He's the board contrarian on UM and pops up in every thread on the subject daring people to convince him that he needs it.
quote:And those are what exactly?
Never mind all the credible arguments for owning such an incredibly cheap financial tool -
Posted on 3/21/16 at 1:45 pm to ItzMe1972
if you got baller cash forget about it
if you are just scraping by, better get it
if you are just scraping by, better get it
Posted on 3/21/16 at 1:46 pm to ItzMe1972
I had a democrat pull out in front of me on airline about 6 years ago. T-boned him at 55-60 without having time to touch the brake. He actually had insurance but just the minimum. I had a $50000 UM policy limit and maxed both out with a torn muscle in my back and a seperated shoulder from my seatbelt. Glad I had it.
This post was edited on 3/21/16 at 1:47 pm
Posted on 3/21/16 at 2:03 pm to AlxTgr
Jesus. I think I'm at 100/300/100 or 250/500/250.
Posted on 3/21/16 at 2:04 pm to AlxTgr
there are so many dumbasses in here thinking they know what they are talking about.
Posted on 3/21/16 at 2:12 pm to Motorboat
"I have full coverage".
Hear that one often?
Hear that one often?
Posted on 3/21/16 at 2:15 pm to Jcorye1
quote:I see so few of these. It's really a shame.
I think I'm at 100/300/100 or 250/500/250.
Posted on 3/21/16 at 2:17 pm to AlxTgr
b b b b but I have full coverage. That means state minimum to most dumbass insurance brokers.
Posted on 3/21/16 at 2:17 pm to yellowfin
quote:
People here will swear you need it
Everybody but yellowfin knows it is a good idea.
Posted on 3/21/16 at 2:22 pm to Motorboat
Well in their defense, it is a misleading title. Full coverage means you are fully covered for everything to most people. I don't deal with this kind of stuff like you law folks do, but I bet most people have no idea what they are and aren't covered for.
Posted on 3/21/16 at 2:29 pm to DownshiftAndFloorIt
quote:
Well in their defense, it is a misleading title. Full coverage means you are fully covered for everything to most people. I don't deal with this kind of stuff like you law folks do, but I bet most people have no idea what they are and aren't covered for.
that's why I called the broker a dumbass for not educating his customer. I'm not blaming the insured. The agents are misleading, no doubt.
Posted on 3/21/16 at 2:32 pm to Motorboat
People would rather pay less than more. The dumbassery of it all actually works out in the end for so many of them. They cause hundreds of thousands of dollars in damages and get released for their 15/30. I am about to settle my 3rd ever "from the hip pocket" case this week.
Posted on 3/21/16 at 2:35 pm to Motorboat
I couldn't tell you what my limits are off the top of my head. I have been meaning to raise them though so I'm glad this thread reminded me. It's just not a priority for most people until they get smashed.
Insurance in Louisiana does suck though. I'm not sure how bad it is everywhere else, but having to carry all of this bullshite because other people are stupid sucks.
Insurance in Louisiana does suck though. I'm not sure how bad it is everywhere else, but having to carry all of this bullshite because other people are stupid sucks.
Posted on 3/21/16 at 2:39 pm to DownshiftAndFloorIt
quote:That's not the only reason.
but having to carry all of this bullshite because other people are stupid sucks.
Page 3 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News