I was wondering what all your opinions were on the "uninsured motorist" premium, and if any have opted out of it by writing to your insurance company. The reason I am asking is because it literally makes my current policy 5 times more expensive per year, and has doubled in cost this last year alone. It really burns me this premium is enforced by law, and has absolutely nothing to do with my level of responsibility as a motoring person. I'm wondering how useful it may be to continue paying.
Some other stats about me if you may think it matters are... I haven't had an insurance claim for anything since 1987, and have had a clean driving record for more than 10 years. (Racing will do that to you once you understand how expensive it is to speed on the street.) The other thing of course is I have very little opportunity to ride on the street. I'm either toting kids around or with the family, and have no daily commute.
So, whaddya all think? Am I looking to shoot myself in the foot, or save enough to pad my ass with the cash in an accident?
Thanks,