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re: Car wreck/insurance question

Posted on 2/24/24 at 7:28 pm to
Posted by boosiebadazz
Member since Feb 2008
80515 posts
Posted on 2/24/24 at 7:28 pm to
quote:

he’s required to carry comp and collision.


Which have deductibles, right?

You’re just not good at this, man.
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8851 posts
Posted on 2/24/24 at 7:32 pm to
Correct, which he would get back through subrogation. Meaning regardless his vehicle will be taken care of. If you don’t trust your own insurer to take care of you, that’s not good.

Which brings me back to the OPs point about owing 11k without initially providing any detail about what the value may be. If ACV is 19-23k, he will be fine regardless of which avenue he pursues on property damage.

Tell me, what percentage of your business is property damage vs BI?
This post was edited on 2/24/24 at 7:33 pm
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