ok we have to pay uninsured motorist but we have a state law that requires you to have car insurance so there should not be any uninsured vehicles.why is that?
2006-06-17 23:11:05 · 8 answers · asked by connie c 2 in Business & Finance ➔ Insurance
Yes, my dear, but there is no guarantee that, just because you have a law requiring it, that people will carry insurance on their vehicles. Also, some people carry only the state MINIMUM to keep their insurance cheap. Where I life, bodily injury is only 12,500. Now...if someone hits me and only has that and I'm seriously injured, it's HIGHLY likely that my hospital bills alone will be more than 12,500, not to mention pain, missed work, etc.
It's to protect YOU and your property. Think about whether you'd want to be without it in case this happens to you?
Hum?
2006-06-19 13:13:04 · answer #1 · answered by Anonymous · 2⤊ 2⤋
We pay it because a lot of people still don't abide by the law...and we have alot of illegal aliens that drive with fake licenses and no insurance at all.!
Uninsured motorist (UM) under insured motorist (UIM) covers in the event that you have medical bills and the other party's insurance is not enough to cover it, then you can go after your own policy for coverage...(does not cover vehicle repairs)
on the other hand, uninsured property damage (UMPD), which a lot of people don't know about and it's a coverage to consider when you only carry liability...in the event you get hit by an uninsured motorist, you pay a flat $250 deductible and your insurance pays up to $15,000 to repair your vehicle...but you need to know who did it, cannot be a hit and run situation...that's the trick. it's a very cheap coverage...maybe $5 to $7 bucks ever 6 months....
2006-06-18 04:20:10 · answer #2 · answered by maiojas 3 · 0⤊ 0⤋
Shouldn't be and aren't are two very different things. The car has no idea if it is insured or not, it only knows a key has been inserted into the ignition.
You get clobbered by an uninsured, unlicensed, drunk slob with bad plates on the car, and you understand why you are paying for uninsured motorist insurance.
2006-06-17 23:16:04 · answer #3 · answered by diogenese19348 6 · 0⤊ 0⤋
Because there are always people who don't have coverage. Here in TX, 1 out of 4 drivers doesn't have insurance.
You can skip the uninsured motorists, but then you'll have to bear the entire cost of your expenses if you get hit by an uninsured driver.
Yeah, you can sue them ,but since the vast majority of uninsured drivers are uninsured because they are broke, a lawsuit is pretty worthless.
2006-06-18 04:40:37 · answer #4 · answered by Lori A 6 · 0⤊ 0⤋
Because if we get into a wreck and the person who caused the accident is uninsured you will still have a way to be covered and get the repairs or replacement that you need. The uninsured motorist is arrested and you can press charges againt him to pay pay out of his pocket to keep your premiums from going up.
2006-06-17 23:17:16 · answer #5 · answered by rustychiefs 2 · 0⤊ 0⤋
The first reason is that you may be in an accident with a driver who is not licenced to drive thus voiding the insurance on the car they are in. Same for stolen cars. The coverage in some jurisdictions also includes under-insured coverage which means if they have only the minimum your policy steps in up to the limits that you purchased. In short this insurance is only there to protect you from losses you suffer when injured by others without insurance.
2006-06-18 05:34:10 · answer #6 · answered by Bill G 1 · 0⤊ 0⤋
Good question. If I have to have the damn insurance then why should everyone else have it. I say before you get your license it should be mandatory if it already isn't. Bastards!
2006-06-18 01:59:15 · answer #7 · answered by ndvsne1 4 · 0⤊ 0⤋
People drive anyway without insurance, and when they crash, someone has to foot the bills.
2006-06-17 23:16:09 · answer #8 · answered by alieneddiexxx 4 · 0⤊ 0⤋