quote:
And the insurance agent will tell him unequivocally not to sue without knowing anything else about the guy, his injuries, his claim or the position of the insurance company

Why would I care if you sue? It impacts the agent zero %. As a matter of fact, it only benefits the agent because of rate increases to continue to pay these claims.

The OP said nothing about injuries, yet mentioned the at fault party drives a nice car. Yea that doesn’t sound like a payday at all.

You’re doing it out of the kindness of your heart and not the contingency on you getting a payday only if the insurance company pays out, taking the majority of the settlement in fees.

This post was edited on 2/24/24 at 6:07 pm

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Posted by boosiebadazz

Member since Feb 2008

80515 posts

Posted on 2/24/24 at 6:07 pm to DCtiger1

quote:
The OP said nothing about injuries, yet mentioned the at fault party drives a nice car.

His OP is literally about what he owes left on his note and whether he’ll end up upside down on it. That’s a legitimate concern and the socioeconomic status of the driver could have bearing on that.

But your default position is noted.

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Posted by boosiebadazz

Member since Feb 2008

80515 posts

Posted on 2/24/24 at 6:09 pm to DCtiger1

Saw this edit:

quote:
You’re doing it out of the kindness of your heart and not the contingency on you getting a payday only if the insurance company pays out, taking the majority of the settlement in fees

Insurance companies could put me out of business tomorrow. You tell us why they don’t.

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