back story..
Also, one time a lady broke her leg bad while trying to jump from the back of my trailer to her dock. Well, 1 year 354 days later my company, and my driver is sued for 1 million. It was pretty scary to receive that and go through the process. Thank God insurance provided a lawyer and I was insured for 1 mil. Took a lot of weight off although still stressful.
This was a lady that hurt herself. My truck didn’t hit her, wasn’t at fault, and nobody died. Was sortof an eye opener.
$10,000 EIDL GRANT
Discussion in 'Ask An Owner Operator' started by Scooter Jones, Apr 3, 2020.
Page 120 of 133
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I called Progressive. I wanted to know what it would cost me to change it to $2 million. The change would be about $4,000. But I have 8 months left, so for the full year, it would be closer to $5,000. It is still lower than what I thought it would be.
When they changed my liability from $750,000 to $1 million they also raised it by $4,000. So, I can't understand their logic behind it.
I guess I might survive this since the rate should go down after that first year, I hope. That should level things off. -
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Beaver9 Thanks this.
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It is one thing to have the 2 million limit or additional umbrella now when for the most what required is 1 million and quite another when everyone is required to have it _ 2 million.
When everyone needs 2 million, the premiums can be completely different. -
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Beaver9 Thanks this.
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Most householders, who can also cause wrongful death by their SUVs when using their phones while driving, seldom carry more than 1 million umbrella, if at all.
Kind of funny like this thread meandered, so I'll leave it at that
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