Originally Posted by augustnotes (Post 2307028)

No no no, don't listen to the people that say skip the uninsured and under insured motorist coverage. I was an insurance agent for forty years and we always added UM/UIM to the policy. With more and more drivers going around with no insurance or the state minimum coverage you need to carry UM/UIM. I have seen claims paid under both conditions and for the person that got into an accident that was not their fault and was suing the driver that was at fault which had no insurance it is nearly impossible to recover any money. Look if they don't bother to carry insurance you can bet they don't have many assets to go after. Look at the premium for the UM/UIM and decide is it worth it to have protection in a law suit if the at fault drive does not carry insurance or his insurance is inadequate? You buy auto insurance to protect you from liability claim in case you make an error in driving and you get sued. Why in the world would you not want to have the same coverage if the other driver makes an error and you are busted up and can no longer do the same functions that you did before the accident. Don't be penny wise and pound foolish, enough said!

Originally Posted by Shipping up to Boston (Post 2327651)

Perfectly said

Originally Posted by retiredguy123 (Post 2327652)

What the cited post fails to mention is how much the UM claims paid out are for medical bills for people who have inadequate or no medical insurance, and for lost wages. So, how much of your UM premium is targeted for paying medical bills and lost wages for others that a retired person with excellent medical insurance would never be responsible for? Do the math before buying UM insurance.

Originally Posted by Gatorfan1 (Post 2327632)

Um in Florida does not cover physical damage to your vehicle. That would be covered under your collision, subject to your deductible.

UM covers only if other party is at fault. Covers for bodily injury to you and passengers in your vehicle. It also covers rehab and nursing home. Your health insurance (major medical, Group Medical, Medicare and Medicaid.) Remember that most health insurance has a maximum amount of days they will pay for rehab and nursing home. Other party may not have bodily injury (not required in Florida) or they may not have enough coverage to pay for injuries caused due to their fault.

There are two type's coverages of UM in Florida. Stacked and non-stacked.

Stacked has coverage that many are not aware of. Under Florida law stacked uninsured motorist will extend and cover you on a motorcycle and a motor home. So if you have stacked on your auto, you do not need to buy on motorcycle um or motor home um policies because you already have the coverage under your stacked um on your auto.

If you have non stacked, the coverage does not extend.

If you insure more than one auto insured and you have stacked, your coverage amount would be more.

Example, stacked um, one auto insured and you have 100/000 per person up to 300,00 per accident, that is maximum pay out.

If you have two autos insured with 100/300 stacked limits, the actual coverage is 200,000 per person up to 600,000 per accident.

Minimum coverage offered in Florida is 10,000 per person up to 20,000 per accident. You can buy lower um limits and higher bodily injury limits.

Anytime a licensed agent or a customer service representative tells you that you don’t need certain coverage, make sure you understand what that means.

Originally Posted by augustnotes (Post 2307028)

No no no, don't listen to the people that say skip the uninsured and under insured motorist coverage. I was an insurance agent for forty years and we always added UM/UIM to the policy. With more and more drivers going around with no insurance or the state minimum coverage you need to carry UM/UIM. I have seen claims paid under both conditions and for the person that got into an accident that was not their fault and was suing the driver that was at fault which had no insurance it is nearly impossible to recover any money. Look if they don't bother to carry insurance you can bet they don't have many assets to go after. Look at the premium for the UM/UIM and decide is it worth it to have protection in a law suit if the at fault drive does not carry insurance or his insurance is inadequate? You buy auto insurance to protect you from liability claim in case you make an error in driving and you get sued. Why in the world would you not want to have the same coverage if the other driver makes an error and you are busted up and can no longer do the same functions that you did before the accident. Don't be penny wise and pound foolish, enough said!

Originally Posted by dewilson58 (Post 2307626)

asking Judy................she/he is saying i must have um if i want my car covered

Originally Posted by Gatorfan1 (Post 2327993)

UM does not cover physical damage under UM in Florida. Only Bodily Injury

Originally Posted by mikemalloy (Post 2328215)

OK remind me of the difference between Physical damage and bodily injury. Somewhere during my 40 years of practicing personal injruy defense, they seemed to me to be the same.
And just so it's clear, when someone is neglgent and causes and injury to you, you are entitled to recover damages which are normaly medical bills, last wages and pain and suffering. Most of us are not working so last wages is not an issue. For the most part we have medical coverage. However if, you're painfully injured, and have to spend weeks or months in rehab or just mending, you're entitled to be paid for that. Often the award is in the tens or hundereds of thousands. (Ask Dan Newland) If the other driver is uninsured,
would recover little if anyting from him since most don't have much to recover from. With UM/UIN your own insurance company steps in and provides the other driver with insurance you can collect from.
All of the post here from individuals who really know insurance and personal injury recommend it. I do too.