rjlipscomb
Chief Petty Officer
- Joined
- Jun 2, 2009
- Messages
- 582
Re: Insurance: do you have it, should you get it?
For the no need for insurance crowd:
I drive a battleship size SUV. While driving down the road one day minding my own business and enjoying life, a young girl in a small white Honda who is not paying attention while she tries to read the street signs swerves into my lane and hits me. I chase her down the road and she pulls over. I'm angry of course, she's crying of course, and after summing up the total damage (her car: broken mirror, My SUV: white paint scrape and a small dent which should clean-up and pop out okay) I agree to just let it go, no need to involve the insurance companies. We exchange information and leave. A week later, I get a stern letter from her insurance company looking for how I'm going to pay for the extensive damage to her car. Stupid me, that's why I have insurance and immediately notified my carrier to resolve.
Moral of the story, as mentioned above, insurance buys you peace of mind even when it's clearly not your fault.
For the no need for insurance crowd:
I drive a battleship size SUV. While driving down the road one day minding my own business and enjoying life, a young girl in a small white Honda who is not paying attention while she tries to read the street signs swerves into my lane and hits me. I chase her down the road and she pulls over. I'm angry of course, she's crying of course, and after summing up the total damage (her car: broken mirror, My SUV: white paint scrape and a small dent which should clean-up and pop out okay) I agree to just let it go, no need to involve the insurance companies. We exchange information and leave. A week later, I get a stern letter from her insurance company looking for how I'm going to pay for the extensive damage to her car. Stupid me, that's why I have insurance and immediately notified my carrier to resolve.
Moral of the story, as mentioned above, insurance buys you peace of mind even when it's clearly not your fault.