pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I was talking with a friend this morning comparing notes as we are both shopping for car insurance. He said that his agent asked him whether they were on Medicare and he responded yes, and the agent said that many of his customers on Medicare were dropping UI coverage. It sort of makes sense, though there would be some risks that one might want coverage for. I found this: https://www.weshopinsurance.com/new...you for injuries,driver (not enough insurance).
I'm thinking of at least reducing my coverage from $500k to $100k rather than eliminating it entirely. What do y'all think? Have any of you dropped UI because you have Medicare?
I have medical insurance. Why should I buy uninsured motorist coverage?
Medical bills are only a portion of what you can claim on uninsured motorist coverage. UM also pays for things like….
· loss of the future enjoyment of life
· lost wages and disability
· Long term nursing care
· wheelchairs and medical devices
· Pain & suffering
· Death
· replacement services for things you are no longer able to do: yard service, cleaning, etc.
· retro-fit your house to accommodate disabilities caused by the auto accident
Most of the list above is not covered or are limited by medical insurance.
I'm thinking of at least reducing my coverage from $500k to $100k rather than eliminating it entirely. What do y'all think? Have any of you dropped UI because you have Medicare?