I’m a bit dubious when this stuff is offered as third hand info.
But not surprised the woman became a “29er”.
Yesterday Chicks on the Right had a call-in about Obamacare and there were many, many new 29ers calling in.
I’m in the great state of Michigan and my advice is for all good drivers to not buy a new car because there are way too many bad drivers driving newer cars. Maybe that will help the insurance companies to get things right for a change.
I heard that call. It doesn’t make sense to me. In 50 years of buying auto insurance no one has ever asked me about my medical insurance status.
Of course not, health insurance and car insurance are two different things...
Car insurance makes sure you can collect if someone is negligent...
Govt health insurance can tell you what to do, how to live, what medical procedure you can have and run your entire life....
Hence the difference...
Hmm...my home insurance has been cancelled. The home my parents owned and the one they owned previously were insured by the same company that insured all our vehicle. The insurance company said the house was too risky to insure as we had two incidents with electrical fires. Too boot, they have raised my auto insurance $100 a year.
So, no claims on either the home or auto insurance but I lose one and the other is raised with no reason provided. Mind, the vehicle is a 17-year old Jeep that is well maintained, I haven’t had any accidents or incidents, and put only about 900 miles on it during the year I’ve owned it.
The only thing I can think of is the debt my father left me as an inheritance with no life insurance to pay it down. My crediting rating is in the crapper but without a job and at age 61 I’m not going out and buying stuff on credit anyway.
I have no health insurance, and haven’t except for catastrophic health insurance over the past 20-years. This was cancelled by Blue Shield about 4-years ago due to Obamacare looming on the horizon.
Do insurance companies, knowing the facts, raise rates and/or cancel insurance because of poor credit ratings? Or is this about Obamacare?
I have been predicting a massive increase in our auto insurance premiums because of the coming influx of millions of illegals suddenly getting ‘driver’s licenses’.
They don’t know how to drive in the first place.
However, in Pennsylvania, you can't sue the other guy if you're not insured so there shouldn't be any relationship between health insurance and auto insurance.
This is akin to universal default that credit issuing outfits love so much. Not precisely, but there’s a whiff of it.
Many auto policies will cover bodily injuries resulting from the accident. They will seek compensation from you health ins via subrogation. If you don’t have health ins more of the burden is on your auto policy and vice versa.
Neither have I. New York has had no-fault insurance for decades but I've never been asked about my health insurance status. Not to say the law in Michigan isn't different.
http://en.wikipedia.org/wiki/Personal_injury_protection
IIRC (because I worked in a state that had different auto/health insurance requirements than the state I live in), there was a penalty, but it was something like $25. I don't believe it was anything like $500. Maybe she did something else, like had an accident, or bought a spiffy new car. Now that she has two jobs.
You get deals when you have various insurance policies with the same company. Auto with Home Owner insurance gives a break, so if health insurance is also offered with that same company, you get a break. That is what probably happened. If one policy is dropped, the break is no longer given.
There are some strange relationships between auto and medical insurance, because there are contractual terms that dictate which insurance policy covers the cost of medical care in the event of a car accident -- which is probably THE most common "unexpected" medical expense people face in the U.S.
It sounds like the person referenced in this anecdote is facing an increase in her auto insurance as a result of her loss of medical insurance because if she's in an auto accident her own insurance company will now be footing 100% of the medical bills.
Sure. In FL we have mandatory Personal Injury Protection. Since I have health insurance I carry a high deductible on my PIP. If I lost my health insurance I would probably lower my PIP as much as possible which would result in a higher premium.