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RE: Insurance

To: <Brad.Kahler@141.com>
Subject: RE: Insurance
From: jaltman@altlaw.com
Date: Mon, 9 Mar 1998 18:35:06 -0500charset="iso-8859-1"
Cc: "'Triumph List'" <triumphs@Autox.Team.Net>
Importance: Normal
By the way, I might point out, both as a victim of an accident and as an
attorney who does some personal injury work, that Uninsured (underinsured)
Motorist is the THE MOST important one to carry high limits on.  Its the one
that pays you when the other guy has little or no insurance.  I broke both
my legs in an accident 20 years ago (they still hurt) before I went to law
school and learned my lesson.  The bad guy had $10,000.00 in insurance.  I
got $10k.  If I had $100k uninsured motorist I woulda got his 10k plus
another 90k from my own company. Its extremely cheap (so they don't like to
sell it and you have to ask for high limits), also they won't sell a higher
limit than your liability, i.e. if you have 100/300 they'll only sell you
100k of UM.

I consider this so important I am going to include the list in my reply to
your private reply.  I hope thats ok.




Jim Altman  jaltman@altlaw.com Illigitimi non Carborundum
http://www.altlaw.com/    69-TR6#CC28754L  W4UCK


-----Original Message-----
From: Brad Kahler [mailto:Brad.Kahler@141.com]
Sent: Monday, March 09, 1998 5:36 PM
To: Jim Altman
Subject: RE: Insurance


Jim,

> The 100 is $100,000 liability per person and the 300 is $300,000 per
> accident.  Thus, if you were to kill two people each would get a max
> of $100k, but if you killed 4 people the total available would be
> $300k and each would get 300/4 or $75k (assuming the claims were of
> equal value).

Thanks for the insight.


Brad

1964 Spitfire4            BFC25720L (After 10 years will be on the road in
March!!!)
1966 TR4A                CT72398L (Needs Restoration)
1951 Dodge Truck    82217766  B-3-B-108 (Boxes & Boxes of parts right now)


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