Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Should I carry uninsured motorist coverage?
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="FullAuto" data-source="post: 2295709" data-attributes="member: 5110"><p>It pays more than just medical bills. It will pay lost wages if your injury makes you miss work. It will pay pain & suffering. It will also cover if you are a pedestrian and hit by a car, if your kid is on the school bus or daycare van and in a wreck, if you are a passenger in a friend's car, etc. It's a very broad coverage. </p><p></p><p>Do you have a deductible for office visits or physical therapy visits? I had 19 months of physical therapy, 3x per week after my wreck. Add that up at $20 each copay (that's if your insurance doesn't have an annual limit for PT). Do you have to pay a percentage of your bills, like 20%? That's pretty common. I had a little over $200k in medical bills. I was off work for 7 months. Do you have your Suze Orman 8 month emergency fund to pay your bills? I have good health insurance too, but it won't pay me my lost wages. The person that hit me had 100/300/100 liability. That 100k would cover my lost wages, my portion of the medical bills (had mine not been a work comp claim) and some of the P&S.... BUT health insurance (and in my case, work comp) will (and did) slap a lien on that settlement. They want their money back. You will get nothing. </p><p></p><p>Carry UM. Carry a LOT of UM. I raised my UM coverage from 25/50 to 500/500 <em>after</em> my wreck. <img src="/images/smilies/grumble.gif" class="smilie" loading="lazy" alt=":grumble:" title="Grumble :grumble:" data-shortname=":grumble:" /></p><p></p><p>Anyone think they are going to hit the lottery on a work comp claim better think again. 25% permanent disability after your lawyer takes their cut won't even get you a new truck.</p></blockquote><p></p>
[QUOTE="FullAuto, post: 2295709, member: 5110"] It pays more than just medical bills. It will pay lost wages if your injury makes you miss work. It will pay pain & suffering. It will also cover if you are a pedestrian and hit by a car, if your kid is on the school bus or daycare van and in a wreck, if you are a passenger in a friend's car, etc. It's a very broad coverage. Do you have a deductible for office visits or physical therapy visits? I had 19 months of physical therapy, 3x per week after my wreck. Add that up at $20 each copay (that's if your insurance doesn't have an annual limit for PT). Do you have to pay a percentage of your bills, like 20%? That's pretty common. I had a little over $200k in medical bills. I was off work for 7 months. Do you have your Suze Orman 8 month emergency fund to pay your bills? I have good health insurance too, but it won't pay me my lost wages. The person that hit me had 100/300/100 liability. That 100k would cover my lost wages, my portion of the medical bills (had mine not been a work comp claim) and some of the P&S.... BUT health insurance (and in my case, work comp) will (and did) slap a lien on that settlement. They want their money back. You will get nothing. Carry UM. Carry a LOT of UM. I raised my UM coverage from 25/50 to 500/500 [I]after[/I] my wreck. :grumble: Anyone think they are going to hit the lottery on a work comp claim better think again. 25% permanent disability after your lawyer takes their cut won't even get you a new truck. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Should I carry uninsured motorist coverage?
Search titles only
By:
Top
Bottom