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Originally Posted by retiredguy123
You are correct that, typically, UM coverage would equal your liability coverage, which, in my case would be $1 million. According to my State Farm agent, this would cost me an additional $480 per year, and it would only cover a bodily injury claim after my health insurance was exhausted, which would never happen. My health insurance policy pays 100 percent of medical costs after a catastrophic limit of $6,000 with no upper limit. Also, the agent said that a State Farm UM policy would not cover a claim for "pain and suffering", only bodily injury. So, I asked her what would be the point of buying it? She agreed that it would not make sense for me to add UM coverage to my policy.
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You might want to talk to another agent. I was an insurance adjuster. UM pays for any claim that you might have against the responsible(negligent) party including medical bills, disabilities, pain and suffering funeral costs (if you or anyone else dies and is defined as an insured under the policy) etc. that exceed their liability limits or if the responsible party does not have liability insurance. UM basically takes the place of the other persons Bodily Injury coverage. Regarding your catastrophic insurance. That is an issue that your attorney would need to handle if you have a bad injury.
In this string there are several good poignant remarks made by lawyers and what appears to be a former judge