Join Date: Aug 2010
Location: Elk Creek, Kentucky
Sounds like I am on the right track. The high liability on my bike is not what is adding to much of my cost and its required to get the $500,000 in UM/UIM. The UM/UIM changes I made to $500,000 are what is running up my insurance cost. For my peace of mind and even more for my wifes it is a fair bargain.
Randyo...amen brother on state minimums. A wreck while in ones car could cost you everything you own now and a chunk of your income for a long time to go.
Its a shame that the first thing an attorney does is check your financial status before "helping" the injured but I totally understand why. Its the first thing that happened to my wife and she had lots of equity in her house.
But you guys that do not have a lot of assets yet, you may have more then you think when you add up vehicles and equity in your home(s). Its funny how my opinion of insurance and how much I need has changed over the years.
2007 Blue SuperVee 1000
2013 Grey Super Te'ne're' 1200
2002 White HD Road King Police (divorced)
2000 Red Honda XR 400r
2003 Green Honda Rincon 650 ATV
If it is not broken, it can still be fixed
Last edited by Scott E. Bonds; 01-14-2013 at 07:09 PM.