Uninsured motorist coverage on auto insurance?

[cheapass]

I have the option to keep uninsured motorist bodily injury coverage on my policy. My gut feeling is that this is unnecessary as my wife and I both have health insurance. Is that a logical conclusion or am I missing something?

[NoStacheOhio]

Your health insurance may want the other party to pay for the expenses, which could be problematic if they're uninsured. How much is the endorsement? $20/year? I don't think the payoff is there.

[cheapass]

Your health insurance may want the other party to pay for the expenses, which could be problematic if they're uninsured. How much is the endorsement? $20/year? I don't think the payoff is there.

It's around $45 a year. I just figured it would be redundant coverage, but I am not an expert by any means.

[NoStacheOhio]

Your health insurance may want the other party to pay for the expenses, which could be problematic if they're uninsured. How much is the endorsement? $20/year? I don't think the payoff is there.

It's around $45 a year. I just figured it would be redundant coverage, but I am not an expert by any means.

Every time I've gone in for anything remotely injury-like, they ask if there was any kind of accident, or if the injury was caused by another person.

We have good insurance, so they paid even when my wife got rear-ended (long, complicated story). But I can't imagine all insurance companies will be as willing to shell out for someone else's mistake.

[Drifterrider]

I have the option to keep uninsured motorist bodily injury coverage on my policy. My gut feeling is that this is unnecessary as my wife and I both have health insurance. Is that a logical conclusion or am I missing something?

Someone steals a car and runs into you.  The other owner's insurance probably won't pay was it was not a covered event.  (had this happen to a friend of mine).

THIS is when uninsured motorist coverage protects you.  Also, health insurance isn't the same as "got hit by a stolen car".  You will be treated, but you might have to pay a large(r) out of pocket.

[Goldielocks]

I believe uninsured motorist protection would cover your deductible, out of pocket expenses, as well as any passengers in your car who are injured (and don't have great health coverage).
 
Pretty cheap at $45 per year, as uninsured motorists rates are as low as a few percent in some regions, up to 20 percent of all drivers in states like florida, Oklahoma, New Mexico and Washington state.

[Clean Shaven]

Uninsured motorist coverage is packaged with under insured coverage - both are necessary, IMHO.  Underinsured coverage protects you if you are in an accident caused by someone carrying insufficient limits - for example, if your state only requires a minimum 25/50 policy, the other driver's policy will only cover your damage /injury to $25k, and you are on your own above that. Car is totaled and you're crippled for life? It's on you.

If that sounds acceptable to you, then go ahead and skip this coverage.  IMHO that is a penny wise, pound foolish decision.