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Questions About Auto Insurance & Accidents

5324 messages,  Last post on May 09, 2013 at 1:37 PM

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Messages Page 517 of 533

#5159 of 5324 POP QUIZ by Mr_Shiftright HOST

Jan 18, 2013 (5:52 pm)

Okay, how many of you know your rights?
 
Does your insurance policy cover what's in your trunk if your car is stolen?
 
HINT: It's all in the very teensy fine print.

#5160 of 5324 Re: 28firefighter [28firefighter] by marsha7

Jan 18, 2013 (6:38 pm)

Replying to: 28firefighter (Jan 17, 2013 9:04 pm)
Most of my thoughts revolve around having as much protection as you can afford, and for many, insurance may not be a major expense...granted, for some who have bad driving records or have young drivers to insure, high limits may be too expensive...but, morally, I believe that you should havce as much coverage as possible, simply because that if you cause serious injuries, that injured party should be fairly compensated if you caused the wreck...and, yes, I am a personal injury attorney, so I have a vested interest in everyone having high coverage limits, BUT SO DOES THE INJURED PARTY!!!
 
Something else to check into, a rider that I have...you say you have a 1 mil umbrella policy, and that is good...you need to check and see if that 1 mil policy is only for your liability to others...I believe you also need (and I have) a 1 mil umbrella for my Uninsured/Underinsured policy, which also has base limits of 100/300...my company (Cincinnati) sells them separately, so a umbrella policy for liability (what I may do to others) and what others may do to me (U/M)...this way, if I am seriously injured, and the other clown has no insurance or minimum coverage (25K), I can collect from my own U/M policy for my injuries caused by him...remember, if he is a worthless piece of trash, I can get my million dollar judgment against him, but how will I collect???
 
Hence, the need for the million dollar umbrella U/M policy...some comapnies combine the umbrellas into one umbrella policy, but I will bet you many folks out there have great coverage for their liability, but have moderate coverage for U/M...100/300K is good, but, since anyone may be seriously injured, it was only another $155/year to cover MY injuries up to one million $$$...
 
Food for thought...

#5161 of 5324 Re: South Florida [tommister2] by sandman_6472

Jan 18, 2013 (6:48 pm)

Replying to: tommister2 (Jan 18, 2013 4:56 pm)
They have all passed and when I called and gave them their info, I was told I was so outta luck. Seems a bit unfair since all three of them enlisted and my folks were both officers. But we were turned away regardless.
 
Mr. Sandman

#5162 of 5324 Re: POP QUIZ [Mr_Shiftright] by houdini1

Jan 19, 2013 (7:35 am)

Replying to: Mr_Shiftright (Jan 18, 2013 5:52 pm)
Homeowners?...but the deductible might wipe it out.

#5163 of 5324 Re: South Florida [sandman_6472] by kyfdx HOST

Jan 19, 2013 (8:22 am)

Replying to: sandman_6472 (Jan 18, 2013 6:48 pm)
You should try State Farm, again.... to get the best rates, you'll have to add Homeowners, which can be a little pricy through them, but generally has superior coverage..

#5164 of 5324 Re: POP QUIZ [houdini1] by Mr_Shiftright HOST

Jan 19, 2013 (9:18 am)

Replying to: houdini1 (Jan 19, 2013 7:35 am)
Near as I can tell, homeowners might cover personal property left in a stolen car, yes, but the "rider" on most insurance policies wouldn't--it only covers "affixed" property, so things bolted to the car essentially--so maybe your sub-woofers in the trunk.

#5165 of 5324 Re: POP QUIZ [Mr_Shiftright] by mikefm58

Jan 21, 2013 (7:29 am)

Replying to: Mr_Shiftright (Jan 18, 2013 5:52 pm)
Hmmm, what about Comprehensive? My son's vehicle was broken in to years ago, and everything that was stolen as well as the damages was covered by my comprehensive.

#5166 of 5324 Re: POP QUIZ [mikefm58] by Mr_Shiftright HOST

Jan 21, 2013 (10:01 am)

Replying to: mikefm58 (Jan 21, 2013 7:29 am)
Lucky him. It really depends on what the policy says. You always have to read the riders on personal property to see what limitations are set. Perhaps it's different when the contents are stolen but not the entire vehicle? This I don't know.

#5167 of 5324 Re: POP QUIZ [Mr_Shiftright] by marsha7

Jan 21, 2013 (11:52 am)

Replying to: Mr_Shiftright (Jan 21, 2013 10:01 am)
I thought we always used to call Comprehensive by another name, Fire, Theft & Vandalism...

#5168 of 5324 Re: POP QUIZ [marsha7] by Mr_Shiftright HOST

Jan 21, 2013 (1:11 pm)

Replying to: marsha7 (Jan 21, 2013 11:52 am)
In theory, but people are denied personal property damages all the time---either limits are set to the amount, or the "type" of personal property, etc. I don't think personal property is automatically covered regardless of type or amount.

Messages Page 517 of 533

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