Neighbor ran off road.

[KennyG]

Not being a lawyer, I probably don't know the correct terms, but the "third party" protection I was referring to was property of people not actually involved in the accident. This could be a building or a parked vehicle.

 

[two_bit_score]

Not being a lawyer, I probably don't know the correct terms, but the "third party" protection I was referring to was property of people not actually involved in the accident. This could be a building or a parked vehicle.

So are you saying if your vehicle was hit by an uninsured motorist and some property damage or injury occurred to a bystander or building nearby, say from flying debris, that your uninsured motorist coverage would step in and pay for those damages or injuries?

 

[MossRoad]

Ok, I see what you were intending to say but in insurance parlance the insured is always the first party. A um/uim claim for damage to the insureds vehicle caused by another vehicle is still a first party claim against the insurance company providing the um/uim coverage.

The way you stated it, in insurance speak, the third party would be the tortfeasor.

It's Michigan. No-fault insurance. They aren't talking about car damage. They're talking about property damage. You run a stop sign, hit another car, then hit a house. You aren't responsible for repairs to the other person's car. Their insurance is. But you are responsible for repairs to the house (third party).

 

[MossRoad]

So are you saying if your vehicle was hit by an uninsured motorist and some property damage or injury occurred to a bystander or building nearby, say from flying debris, that your uninsured motorist coverage would step in and pay for those damages or injuries?

Yes.

And your car won't get repaired unless you also have collision insurance.

 

[MossRoad]

This explains it better....

https://www.michigan.gov/documents/cis_ofis_ip202_25083_7.pdf

 

[Einthewoods]

Whatever you do, do not suggest moving to Michigan's method of vehicle insurance (no fault). It is outrageous expensive. Which, as a 10 year old could figure out, drives even more people to not have it.

When we moved a couple vehicles to Michigan we thought it was a misunderstanding when we saw the difference in price.

Michigan legislation is being "worked" to try and fix it.

Making it even worse, part of the money you pay in goes to a 3rd party that manages it for medical payouts. This 3rd party has no auditing or oversight by the government.

 

[MossRoad]

But anywhere in Michigan, you are never more than 6 miles from an inland lake....

 

[Jstpssng]

Whatever you do, do not suggest moving to Michigan's method of vehicle insurance (no fault). It is outrageous expensive. Which, as a 10 year old could figure out, drives even more people to not have it.

When we moved a couple vehicles to Michigan we thought it was a misunderstanding when we saw the difference in price.

Michigan legislation is being "worked" to try and fix it.

Making it even worse, part of the money you pay in goes to a 3rd party that manages it for medical payouts. This 3rd party has no auditing or oversight by the government.

When I was self employed my GL policy was a little under 300$/yr. Then I went to NY for a project; because it's a no fault state my insurer dropped me like a hot potato and my new policy was 1800$/year. I really don't know about various insurance types, it's something I've paid into all of my life like pi$$ing money down a rat hole.

 

[flyerdan]

What if the insurance companies issued a card like a credit card that you had to scan to buy gas? Insurance cost for those of us that actually pay would in theory be lower.

You would see about a 4500% increase in fuel thefts, and corresponding insurance claims for the associated damages incurred.

 

[4570Man]

You would see about a 4500% increase in fuel thefts, and corresponding insurance claims for the associated damages incurred.

Stealing gas in any amounts wouldn’t be that easy. Don’t leave 5 gallon cans laying around. I don’t because they still walk off.