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Originally Posted by retiredguy123
One thing to consider is that Virginia requires you to have uninsured motorist coverage, but Florida does not. I don't buy the uninsured motorist coverage because I consider it to be mostly redundant with medical insurance. And, I don't want to be required to file a medical claim with my auto insurance company. I think that many people automatically buy the uninsured motorist coverage because they come from a state that requires it, and they don't even understand what it covers and what it doesn't cover. It provides no liability coverage.
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Virginia does not require uninsured motorist coverage. They require those who choose not to take it to affirmatively refuse it in writing. The coverage is subsidized by the people who decline to buy insurance and pay a "fine" instead. It is a small fee that buys coverage for the other guy.
Yor medical insurance does not cover lost wages, long term disability, and pain and suffering. It also doesn't cover property damage.
In todays world there are many illegal aliens driving without licenses or insurance. There were and still are many citizens and legal residents who are unlicensed and uninsured or insured for minimum amounts.
I practiced law in Virginia for many years. After representing clients who were seriously injured by uninsured motorists, I increased my liability coverage to 250,000/500,000/50,000 so i could purchase uninsured motorist coverage in the same amounts. The bulk of the cost of insurance is incurred for the first few dollars of coverage and the marginal cost of higher coverage is surprisingly inexpensive.