Originally Posted by
crazybikerchick
Sure if you don't have much in the way of assets you probably don't have a lot to lose. This is from the perspective of the person buying insurance. But what about if (g*d forbid!) a motorist hits you riding your bicycle and you can't work for the rest of your life and deal with chronic pain and hospital bills? Its pretty scary from the victim's perspective that the minimum coverage is so low!!!
That would be my thought too... but apparently many don't see it that way.