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Re:Why car insurance in America is too cheap by EvanAnderson on Saturday February 03, 2024 @01:58PM (#39243509)
Agreement. My wife was in a crash with an uninsured (and, as it turns out, unlicensed and with outstanding warrants) driver. Everyone was uninjured, thankfully. Our car was a total loss.

The only monetary payout we got was our uninsured motorist coverage. (Seeing the lady who hit her get arrested at the scene and taken to jail was nice. Our insurance company pursuing her in court was also nice, too, though having not been thru the experience before we were taken aback when my wife unexpectedly received a summons to testify.)

I max'ed out our uninsured driver coverage after that.

Re:Why car insurance in America is too cheap by fortran77 on Saturday February 03, 2024 @04:30PM (#39244947)
Why is it so hard to go after the person's assets? In a just world, everything she owns should be sold and the proceeds handed over to her victim.
Re:Why car insurance in America is too cheap by bombcar on Saturday February 03, 2024 @05:04PM (#39245218)
These people usually have no assets.

They own nothing and are happy. Or in jail.

It’s called being judgement proof and basically lets you ignore civil penalties.

Re:Why car insurance in America is too cheap by selimthegrim on Saturday February 03, 2024 @08:12PM (#39246516)
Oh my God is this why the city of New Orleans doesn’t pay squat on judgments?
Re:Why car insurance in America is too cheap by ProllyInfamous on Saturday February 03, 2024 @09:15PM (#39246885)
A decade ago, I was "judgment proof" after a decade of drug dealing and general degeneracy... the person I was then allowed me to be the phenomenal asshole we are all capable of channeling: fuck you, I got nothing! "Blood from a stone."

Life is so much simpler, yet more satisfying, now that I've lived long enough to secure away a few assets. God willing, we'll all live long enough to not be the pieces of shit our youth/ignorance once allowed.

----

I read the other day that 20% of male Millenials are currently uninsured.

Re:Why car insurance in America is too cheap by sokoloff on Sunday February 04, 2024 @04:25AM (#39248817)
I’d expect around that percentage to not even have a driver’s license.
Re:Why car insurance in America is too cheap by yuliyp on Saturday February 03, 2024 @05:39PM (#39245480)
Most people have negligible assets beyond where they live and stuff like clothes. Legal settlements can't generally force people out of their homes.
Re:Why car insurance in America is too cheap by SoftTalker on Saturday February 03, 2024 @09:07PM (#39246835)
If they are that poor they probably are renting anyway, so there is no house or property that can be claimed.
Re:Why car insurance in America is too cheap by undersuit on Saturday February 03, 2024 @09:34PM (#39246989)
What about next month's rent?
Re:Why car insurance in America is too cheap by undersuit on Saturday February 03, 2024 @09:33PM (#39246977)
Ahh yes, California needs more homeless.