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Personal Consumer Issues • Is uninsured motor vehicle insurance a good idea?

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I don't know where some these folks here say UM is cheap. In Florida it is roughly 40% of a typical premium now. This pathetic State has a minimum Liability at $20K per accident. The Governor vetoes all bills suggesting a raise in minimum limits because the insurance companies make lots of profit off these bare bones policies. Michigan is always stated as the highest nationally and Fla is 2nd, however Michigan mandates minimum Liability at $50K. I highly recommend that folks steer clear of relocating to Florida, Auto insurance is the tip of the iceberg here.

Statistics: Posted by Moneybags1 — Sun Jun 23, 2024 5:14 am — Replies 124 — Views 11849



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