Quote:
Originally Posted by Lovey2
While trying to get a quote today we were were told by an insurance agent that we did not need to have Uninsured Motorist coverage. He said that Medicare would cover our medical. Does anyone know if this is true? I did search online and it said yes, that Medicare would cover us for medical, just not for other things UNI would cover...loss of wages, mental anguish, the car itself, etc. We're curious if anyone has dropped their Uninsured Motorist coverages. I never really gave it any thought, just always had it. Thanks...
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Do you have long term care coverage? As for rehab after an accident. Medicare pays for so many days and then you have to pay out of pocket.
True Story: Someone I knew did not want Um. Said he did not need it. I stayed on him till he finally bought the minimum coverage of 10,000 per person up to 20,000 per accident. 3 months later he was involved in an accident that was not his fault. The other party had no Bodily Injury coverage (not required in Florida until you have an accident and injure someone, then you have to buy for 3 years) My friend was injured badly. In rehab for six months. Missed a year of work. Was he covered for all the medical bills, rehab, loss wages. Nope. Only has 10,000 coverage under um. His fellow workers donated their sick time to him so he did get some paychecks for a while.
Is UM worth buying. Yes..and you hope it is the worst investment you ever make.
In Florida, only bodily injury, no property damage. That is covered under collision. Every state is different.