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FJR Rides and Gatherings
Ride Reports
Rear-Ended at 70mph—I’m Done!
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<blockquote data-quote="Twigg" data-source="post: 1219442" data-attributes="member: 27619"><p>I agree with it too. Unfortunately it doesn't work like that. They would declare bankruptcy, keep most of their stuff and the OP would unlikely even get back the legal fees.</p><p></p><p>There is a serious point about insurance though. Our state minimum is, i think, 25/50. I carry 100/300/100 by choice, on all our vehicles and I would prefer a CSL of $500k. Personally, I think insurance liability for 3rd Party injury and loss should, by law, be unlimited.</p></blockquote><p></p>
[QUOTE="Twigg, post: 1219442, member: 27619"] I agree with it too. Unfortunately it doesn't work like that. They would declare bankruptcy, keep most of their stuff and the OP would unlikely even get back the legal fees. There is a serious point about insurance though. Our state minimum is, i think, 25/50. I carry 100/300/100 by choice, on all our vehicles and I would prefer a CSL of $500k. Personally, I think insurance liability for 3rd Party injury and loss should, by law, be unlimited. [/QUOTE]
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FJR Rides and Gatherings
Ride Reports
Rear-Ended at 70mph—I’m Done!
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