QUICK QUESTION: You mentioned not being covered if in the one car that is not UM insured. Whether stacked or not……. But didnt Stacked UM follow you?………………..?

Hi Matt, now that I have your attention, I have a scenario to put forth to you. Based upon quotes that I have received it appears that UM is 50 to 60 percent of the average auto insurance premium in Florida. I have noticed that most insurers spread UM across other coverages in order to give the impression that the quote is reasonably balanced across all coverages. I have received a quote from the G company where if I declined UM, my premium was half of all other insurers quotes. When I added UM, the quote was equal to all other insurers. So now I ask for your advice. What is a person to do? UM is driving premiums out of reach of the average Floridian. I have experienced a 35% premium increase in just 3 years. No fault of mine. No accidents, no tickets, my cars continue to depreciate. So why do the premiums continue to increase? UM? Do you have an opinion on how the state of Florida can minimize the burden of uninsured motorists on the general public? I wonder why all of these UMs are able to register their vehicles.?

Stacked? Exactly. Insurance is stacked in favor of the insurer.?

Collusion between lawyers, insurance companies, and government regulators. This guy is an insurance company salesman. The fact is that in the State of Florida, 60% of your insurance premium costs go to UM. Basically every honest person that buys car insurance in Florida is subsidizing more than half of the people in Florida who buy no insurance at all because they are a bunch of scumbags. And the lawyers, insurance companies, and government regulators feed off of this scam. I'm sick and tired of paying to subsidize the insurance not carried by law breaking, low life immigrants, and domestic cheats. Insurance is legalized gambling. Make the bet. Choose NO to UM and drive with your eyes wide open (including the eyes in the back of your head).?

I have a question, if we have Stacked UM on an auto policy with 100/300 limits, and a motorcycle with minimum limits, will the UM from the Auto still follow the motorcycle policy??

matt, question – if i currently hold non-stacked at 100-300, and I intend to change to Stacked, do you recommend a.) keeping the same amount (100-300), or decreasing (due to now stacking)? the rates apparently increase quite a bit by stacking. Also, since my wife and kids (2) are driving in the car frequently, what do you recommend for Stacked with 3-4 occupants? Would I need more coverage due to the # of auto occupants? – Rob?

matt, excellent job articulating the differences between Stacked and non-stacked insurance!?

I am still trying to understand UM/UIM as It was explained to me, that this only paid if you get hurt in your vehicle; by an accident caused by another, who is uninsured or not insured at all. The payment on (the UM) after your claim on the under/uninsured, then your pip maxed out /then your personal heath insurance/ medicare maxed out only then UM kicks in. I am trying to understand this; as many people I know opt out.?

if stacked UM coverage "follows" you into another vehicle like someone else's per say. Why is it that it wouldn't follow you on a vehicle without UM coverage on your policy? Is this more of an exclusion because it should have it??

I watched this video six months ago and chose stacked on my Florida Geico plan for 1 vehicle. When renewing my policy a few days ago, I decided to call Geico to determine if stacked for them meant what is said in this video. The associate spoke to a supervisor and said that it did not and that stacked is good for multiple vehicles but not for 1 vehicle. He said that Personal Injury Protection will be what pays damages if harmed as a pedestrian. I appreciate these videos but I think the policy holder of 1 vehicle should contact his/her insurance company before selecting the stacked option. I saved myself approximately $50 by selecting non-stacked this time around.?

Shit! Uninsured? Hard to understand! I have some kind of unlimited health insurance for me and others + it pays for the damage of the other drivers car. But not the damage for my car.?

What if I have my own health insurance? Its required by law now so everyone should have it! It should cover any hospital bills, why pay twice??

This is what Larry pulled up when looking info.?

Excellent! Great explanation and now i feel confident in what i'm buying. Thanks!?

Great info and much needed. I'm a chiropractor and I myself had a hard time understanding it. I knew I needed it but I didn't know the specifics. ?

Thank you. great video.?