Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83 based; site homxa.UUCP Path: utzoo!linus!philabs!cmcl2!seismo!lll-crg!dual!qantel!ihnp4!houxm!homxa!gritz From: gritz@homxa.UUCP (R.SHARPLES) Newsgroups: net.legal,net.auto Subject: Re: Uninsured motorism Message-ID: <1102@homxa.UUCP> Date: Tue, 13-Aug-85 15:01:37 EDT Article-I.D.: homxa.1102 Posted: Tue Aug 13 15:01:37 1985 Date-Received: Sun, 18-Aug-85 21:03:17 EDT References: <202@SCIRTP.UUCP> <378@kontron.UUCP> <586@ttidcc.UUCP>, <748@lsuc.UUCP> Organization: AT&T Bell Labs, Holmdel NJ Lines: 21 Xref: linus net.legal:1693 net.auto:6610 >From: msb@lsuc.UUCP (Mark Brader) > >Under my proposal, my own insurance, although primarily for the >purpose of paying J if I had been at fault, would pay me the $250,000 >in this case. J gets the same treatment as before, because he still >owes $250,000 -- only now he owes it to my insurer, not me. So there >my proposal does not confer any benefit to J, but does to me -- at a >cost of a slightly higher premium. I say slightly higher because most >drivers *are* insured, so the risk of this is small. > >I favor mandatory liability insurance for drivers, but this seems to >be a workable alternative. I've never heard of such policies actually >existing anywhere. Do they? > >Mark Brader Yes My policy form INA has a section called "Uninsured Motorists". The common ammount is $30,000, but you can choose to waive it entirely and save $100 or so. My broker says the risk of being hit by an uninsured motorist is very low.