There are too many issues to comment on here. Everyone needs to talk with their respective agent. Remember that 15%-25% of all drivers are uninsured and of the ones that are insured, roughly 25% have minimum limits - in NC that's $30K each person / $60K each accident for bodily injury and $25K property damage. These two classes of folks probably account for most of the accidents that occur. It is a good idea to retain small property exposures and increase deductibles and spend that money on higher liability and un/under limits. You can do this with a combination of Homeowners, Personal Auto and Umbrella Liability policies (Umbrellas extend your other liability limits, fill some gaps and come in increments of $1 Million). Keep in mind though that most Umbrella carriers do not extend coverage above un/underinsured motorist limits on your PAP. Effective January, 2009 North Carolina requires same un/under limits on your PAP that you have for BI/PD liability.
Thanks, Tim Sharp, CRM, CIC, CRIS Towe Insurance Service, Inc. P.O. Box 1369 Wilson, NC 27894-1369 Ph (252)237-5361 / (800)533-5746 Fax (252)237-1564 Mobile (252)230-3496 [email protected]<mailto:[email protected]> visit us on the web at www.toweins.com<http://www.toweins.com> ________________________________ From: [email protected] [mailto:[email protected]] On Behalf Of ssp Sent: Sunday, April 03, 2011 7:50 PM To: [email protected] Subject: Re: [COWs] father/son cyclists hit 9am river rd wilmington ... Nick, thanks for the insurance advice. When you suggest 'some policies have an exclusion' are you referring to the "uninsured/undersinsured' on our AUTO policy? We as cyclists can have coverage via our AUTO policies? When I was just out of school I remember trying to save expenses in many ways and one was having the minimum required on the 'un/under' portion of my auto policy thinking 'it will never happen to me' syndrome. I'm not too insurance smart but I think most agents suggest '$100/$300/$100' category. Is this right you ins dudes out there? And then go for the umbrella policy to pick up better coverage? What would be the most responsible coverage for a road cyclist? Since the 'white pickup truck' incident----- and your above suggestion---the coverage tied to one's auto policy might be just as imp as one's health policy. Or am I off base in my thinking? On Sun, Apr 3, 2011 at 6:12 PM, Ellis, Nick <[email protected]<mailto:[email protected]>> wrote: Terrible accident. And doubtful the driver has much insurance. Everyone, please check with you insurance agent and ask if you have "uninsured/underinsured" motorist coverage. And, then ask if it will cover you if you are hit. Some policies have an exclusion for this coverage if the insured (you) are operating a vehicle with less than 4 wheels. From: [email protected]<mailto:[email protected]> [mailto:[email protected]<mailto:[email protected]>] On Behalf Of [email protected]<mailto:[email protected]> Sent: Sunday, April 03, 2011 5:47 PM To: [email protected]<mailto:[email protected]> Subject: Re: [COWs] father/son cyclists hit 9am river rd wilmington Sad beyond belief, be careful everybody. From: ssp<mailto:[email protected]> Sent: Sunday, April 03, 2011 5:14 PM To: CyclistsOfWilson-COWs<mailto:[email protected]> Subject: [COWs] father/son cyclists hit 9am river rd wilmington .... ...sad. This is what I am most fearful of. The driver who should not be on the road. Evidently RRd has a designated bike lane also. http://www.wect.com/Global/story.asp?S=14373282 Father killed, son in critical condition after crash on River Road Posted: Apr 03, 2011 10:25 AM EDTUpdated: Apr 03, 2011 5:07 PM EDT [http://wect.images.worldnow.com/images/14373282_BG1.jpg]<http://wect.images.worldnow.com/images/14373282_BG1.jpg>Source: Justin West [http://ftpcontent.worldnow.com/raycom/js/colorbox/images/icon_enlarge.gif]Click image to enlarge NEW HANOVER COUNTY, NC (WECT) - A car hit two bicyclists on River Road in New Hanover County Sunday morning, killing one person and critically injuring the other. Troopers with the State Highway Patrol confirmed that Ronald Doolittle, II, 43, died on the scene. His son, Ronald Doolittle, III, is in critical-life threatening condition at New Hanover Regional Medical Center. He sustained a serious head injury. Troopers said the driver of the car that hit the father and son is Thomas Grooms, 63. Troopers report that he has been charged with felony death by motor vehicle, felony driving while impaired, open container, possession of cocaine, possession of drug paraphernalia, among other charges. He is being held on a $500,000 bond. The accident happened around 9 a.m. Sunday near Halyburton Memorial Parkway. River Road re-opened shortly after noon. Deputies say the driver of the car and the bicyclists were traveling south on River Road, when the car swerved into the bike lane, striking the father and son. We will have a complete report tonight on WECT News at 6. Copyright 2011 WECT. All rights reserve -- You received this message because you are subscribed to the Google Groups "CyclistsOfWilson-COWs" group. To post to this group, send email to [email protected]<mailto:[email protected]>. To unsubscribe from this group, send email to [email protected]<mailto:cyclistsofwilson-cows%[email protected]>. 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For more options, visit this group at http://groups.google.com/group/cyclistsofwilson-cows?hl=en. -- You received this message because you are subscribed to the Google Groups "CyclistsOfWilson-COWs" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/cyclistsofwilson-cows?hl=en. -- You received this message because you are subscribed to the Google Groups "CyclistsOfWilson-COWs" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/cyclistsofwilson-cows?hl=en.
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